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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 216.75
Bid: 216.10
Ask: 216.15
Change: 1.85 (0.86%)
Spread: 0.05 (0.023%)
Open: 214.55
High: 216.75
Low: 214.55
Prev. Close: 214.90
BARC Live PriceLast checked at -

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London midday: Stocks gain, ECB in focus as inflation eases

Tue, 07th Jan 2014 11:31

- Eurozone inflation eases to 0.8 per cent- ECB in focus ahead of meeting on Thursday- Banks lift Footsie into positive territorytechMARK 2,796.28 +0.14%FTSE 100 6,761.20 +0.45%FTSE 250 16,076.04 +0.17%After a slow start, markets pushed into positive territory by Tuesday lunchtime as an unexpected dip in Eurozone inflation ramped up speculation ahead of the policy meeting later in the week.The FTSE 100 was up around 30 points at 6,761 by midday with banking stocks leading the upside.The annual rate of the consumer price index (CPI) in the single-currency region eased to 0.8% in December from 0.9% the month before, surprising analysts who had expected it to remain unchanged.This fall, to further below the European Central Bank's (ECB) target of 2%, "will add to concerns that the region could suffer from a bout of deflation and increase the pressure on the ECB to take more action to support the economy", said Ben May, European Economist at Capital Economics.The data comes before the ECB's next policy meeting due to take place on Thursday, although it is still widely expected to keep policy unchanged following the surprise rate cut in November to 0.25%. "While the ECB may refrain from providing additional policy support on Thursday, we expect further action in the months ahead," May said.In addition to the ECB, investors are likely to focus on the Bank of England which also convenes for its policy meeting on Thursday. Meanwhile, minutes from the latest Federal Reserve meeting will also be released this week and are hoped to shed more light on last month's decision to begin scaling back stimulus.Banking stocks provide a liftDecent gains from banking stocks helped the FTSE 100 push into positive territory this morning with Lloyds, HSBC, RBS and Barclays among the best performers.Construction equipment rental firm Ashtead was on the up after broker Jefferies raised its target price, saying it sees upside risk to estimates given its growth potential in the US.Media groups ITV and BSkyB were also advancing after comments from Jefferies as it upgraded the stocks to 'buy' and 'hold', respectively.Supermarket chain Sainsbury continued to trade lower ahead of its Christmas sales update later this week. Bank of America Merrill Lynch cut its rating for the shares to 'underperform' this morning. Rival retailer Morrison was also in the red.Severn Trent, meanwhile, was hit by a downgrade by JPMorgan Cazenove to 'underweight'.UK homeware retailer Dunelm was a heavy faller early on despite returning to like-for-like (LFL) sales growth in the second quarter after a tough start to the year. Nevertheless, the improvement wasn't enough to stop LFL sales for the first half falling by 0.9%.FTSE 100 - RisersLloyds Banking Group (LLOY) 82.03p +2.40%Antofagasta (ANTO) 803.50p +2.10%Coca-Cola HBC AG (CDI) (CCH) 1,783.00p +1.65%Old Mutual (OML) 192.90p +1.63%Land Securities Group (LAND) 976.50p +1.56%HSBC Holdings (HSBA) 670.20p +1.55%Legal & General Group (LGEN) 229.20p +1.46%Royal Bank of Scotland Group (RBS) 348.90p +1.34%Aviva (AV.) 448.40p +1.22%Standard Life (SL.) 364.50p +1.22%FTSE 100 - FallersSevern Trent (SVT) 1,666.00p -2.23%Burberry Group (BRBY) 1,476.00p -1.93%Royal Mail (RMG) 561.00p -1.92%Morrison (Wm) Supermarkets (MRW) 252.40p -1.52%Centrica (CNA) 337.60p -1.43%Experian (EXPN) 1,110.00p -0.89%G4S (GFS) 252.60p -0.82%Hargreaves Lansdown (HL.) 1,479.00p -0.80%Babcock International Group (BAB) 1,370.00p -0.80%Travis Perkins (TPK) 1,881.00p -0.79%FTSE 250 - RisersEnterprise Inns (ETI) 157.50p +4.58%Pace (PIC) 334.10p +4.31%Polymetal International (POLY) 582.00p +3.10%Senior (SNR) 317.70p +2.62%Genus (GNS) 1,359.00p +2.57%Devro (DVO) 305.60p +2.55%Diploma (DPLM) 740.00p +2.35%Cobham (COB) 277.90p +2.28%Atkins (WS) (ATK) 1,455.00p +2.11%Synthomer (SYNT) 263.00p +1.94%FTSE 250 - FallersBwin.party Digital Entertainment (BPTY) 120.20p -3.84%Dunelm Group (DNLM) 948.50p -3.12%BBA Aviation (BBA) 313.90p -2.76%Drax Group (DRX) 790.50p -2.04%Telecity Group (TCY) 745.50p -1.78%Ted Baker (TED) 2,160.00p -1.77%International Personal Finance (IPF) 512.00p -1.54%Homeserve (HSV) 259.00p -1.52%JD Sports Fashion (JD.) 1,499.00p -1.38%PayPoint (PAY) 1,011.00p -1.37%BC
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16 Jan 2024 12:51

Ex-Barclays duo agree Panmure and Liberum investment bank merger

Jan 16 (Reuters) - Former Barclays veterans Bob Diamond and Rich Ricci have agreed an all-share merger of Panmure Gordon and UK rival Liberum, the firms said on Tuesday, creating Britain's largest independent investment bank amid an extended dealmaking slump.

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16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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16 Jan 2024 08:21

TOP NEWS: Panmure Gordon and Liberum merge to "reinvigorate" UK market

(Alliance News) - City brokers Panmure Gordon and Liberum on Tuesday said they have agreed an all-share merger that will create the "UK's largest independent investment bank" with over 250 quoted corporate clients.

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15 Jan 2024 06:01

London finance job vacancies slumped nearly 40% in 2023, recruiter says

LONDON, Jan 15 (Reuters) - Job opportunities in London's financial sector plummeted nearly 40% last year, recruiter Morgan McKinley said on Monday, as market turbulence and high inflation led employers to tighten their belts on costs.

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

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11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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10 Jan 2024 17:07

European shares end lower, with miners and travel stocks leading losses

Norway's Dec core inflation lower than expected

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10 Jan 2024 13:00

Global activist investors pressed companies to sell or spin in 2023 as M&A dropped off

NEW YORK, Jan 10(Reuters) - "Sell" or "split" was the favorite word for activist investors across the world last year when their demands for companies to pursue some form of mergers and acquisition-related activity hit a new record and appeared in roughly half of their 2023 campaigns even as M&A activity dropped off, according to new data from Barclays.

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9 Jan 2024 07:44

LONDON BRIEFING: B&M to declare special payout; strong start for Unite

(Alliance News) - Stocks in London are tipped for a solid start on Tuesday, following a strong performance on Wall Street and in Asian markets.

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5 Jan 2024 09:50

IN BRIEF: Prudential to buy back 4 million shares to offset awards

Prudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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