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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: 202.35
Bid: 202.15
Ask: 202.25
Change: 0.00 (0.00%)
Spread: 0.10 (0.049%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 202.35
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London midday: Stocks pare gains, euro in focus

Wed, 07th Dec 2011 11:49

The Footsie was trading well below its intraday high of 5,626 reached in early trading. However, the index was still making moderate gains - up 0.33% at 5,587 by midday - on fresh optimism over the Eurozone, as leaders draw up plans to increase the region's firepower against the crisis.Miners dominated the risers in morning trade, with Randgold Resources leading the way gaining over 3%. Kazakhmys, Antofagasta, Rio Tinto, Xstrata, ENRC and Vedanta were also performing well. Banks were also in demand, with Lloyds and Barclays registering strong gains. Resolution rose after Deutsche Bank upgraded the stock from hold to buy. ICAP was leading the fallers after Morgan Stanley downgraded its rating from overweight to equalweight.EURO SPECULATION BOOSTS OPTIMISM AHEAD OF SUMMITThe European Union is preparing a plan that would include the simultaneous running of two independent rescue funds along with larger financial support from the International Monetary Fund, according to newspaper reports.The Financial Times says that leaders are working on a three-pronged proposal in order "to create a much bigger financial 'bazooka' to present at this week's European Union summit." Official sources cited by the daily say that the proposal would allow the existing €440bn fund to continue running when a new €500bn fund comes into effect in mid-2012.Ahead of the critical EU summit on 9 December the British Prime Minister David Cameron has raised the possibility of vetoing changes to European treaties if they do not promote the interests of the UK. Writing in the Times newspaper the Prime Minister says: "Our colleagues in the EU need to know that we will not agree to a treaty change that fails to protect our interests." He singles out financial services as a "key" industry for the UK. FTSE 250 MOVERS: KESA DOWN, MICRO FOCUS UP AFTER RESULTSAfter an initial rise, shares of KESA Electricals dropped to trade over 8% down by midday. The retailer's first half results were dragged down by Comet, its electrical chain it agreed to sell for just £2. Kesa posted a loss on its retail business of €9.2m, but a profit of €16.5m when Comet was stripped out.Micro Focus International, the business software company, was the high riser after announced a $134.4m cash return to shareholders. However, revenues on a constant currency basis dropped 2.6% in the six months to the end of October. Packaging and office products group DS Smith was flat despite reporting a 26% rise in revenues from continuing operations in the first half ended 31 October. Bus and train operator Stagecoach rose despite reporting an 18% drop in half year pre-tax profit after a weak performance at its UK rail division. ECONOMIC NEWSBritish retail inflation fell to 2% in November from 2.1% in October as fierce supermarket discounting drives down shop prices at the start of the key holiday shopping period, figures from the British Retail Consortium showed. The monthly drop brings retail inflation to its lowest level in a year and way below June's high of 2.9%.The pace of permanent job losses in the private sector was at its fastest since 2009 in November, according to the results of a survey carried out by the Recruitment and Employment Confederation (REC), together with KPMG.UK industrial output fell 0.7% between September and October, more than double the 0.3% contraction expected by analysts. Figures from the Office For National Statistics (ONS) show production fell by 1.7% in October compared with the year before, the fastest rate of decline in six months. This marked the eighth consecutive fall in the year-on-year figures, which last rose in February 2011.BCFTSE 100 - RisersRandgold Resources Ltd. (RRS) 6,940.00p +3.43%Kazakhmys (KAZ) 992.00p +2.90%Antofagasta (ANTO) 1,261.00p +2.69%Eurasian Natural Resources Corp. (ENRC) 689.00p +1.92%Xstrata (XTA) 1,068.00p +1.91%Rio Tinto (RIO) 3,413.00p +1.85%Lloyds Banking Group (LLOY) 27.57p +1.73%BAE Systems (BA.) 281.10p +1.59%Lonmin (LMI) 1,066.00p +1.52%Resolution Ltd. (RSL) 261.20p +1.40%FTSE 100 - FallersICAP (IAP) 349.90p -4.53%Associated British Foods (ABF) 1,092.00p -2.15%Admiral Group (ADM) 873.00p -1.97%Aggreko (AGK) 1,869.00p -1.53%Investec (INVP) 358.30p -1.38%RSA Insurance Group (RSA) 106.10p -1.21%Kingfisher (KGF) 255.30p -1.16%British Sky Broadcasting Group (BSY) 740.50p -1.13%ARM Holdings (ARM) 584.50p -1.10%Rexam (REX) 348.90p -1.02%FTSE 250 - RisersMicro Focus International Plc (MCRO) 409.20p +7.26%Pace (PIC) 70.20p +5.25%Daejan Holdings (DJAN) 2,770.00p +4.65%Cable & Wireless Worldwide (CW.) 17.52p +3.98%Homeserve (HSV) 292.60p +3.83%International Personal Finance (IPF) 230.00p +3.60%Carillion (CLLN) 317.30p +3.56%Stagecoach Group (SGC) 257.10p +3.42%Afren (AFR) 89.10p +3.01%Rathbone Brothers (RAT) 1,119.00p +2.66%FTSE 250 - FallersKesa Electricals (KESA) 75.05p -8.14%AZ Electronic Materials SA (WI) (AZEM) 238.80p -5.35%Perform Group (PER) 207.30p -4.34%Britvic (BVIC) 315.50p -4.34%Brown (N.) Group (BWNG) 254.00p -4.33%Talvivaara Mining Company (TALV) 237.30p -4.08%Michael Page International (MPI) 326.70p -3.91%Debenhams (DEB) 60.80p -3.87%Electrocomponents (ECM) 199.40p -3.44%Henderson Group (HGG) 114.40p -3.13%
More News
7 Dec 2023 15:35

IN BRIEF: Barclays Chair Nigel Higgins buys 200,000 shares

Barclays PLC - London-based consumer, business and investment bank - Chair Nigel Higgins buys 200,000 shares at GBP1.3867 each, worth GBP277,340, in London on Thursday.

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5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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5 Dec 2023 09:05

LONDON MARKET OPEN: FTSE 100 struggles after Moody's warning on China

(Alliance News) - London's FTSE 100 got off to a slow start on Tuesday, with miners falling amid fears for the Chinese economy, while Barclays shares fell after Bloomberg reported Qatar is trimming its stake in the lender.

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5 Dec 2023 08:01

Qatar almost halves stake in Barclays

(Sharecast News) - Banking giant Barclays was in the red early on Tuesday after its largest shareholder made moves to offload roughly £510.0m in shares.

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5 Dec 2023 07:48

LONDON BRIEFING: Ashtead in record half-year; tinyBuild cuts outlook

(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, continuing a lacklustre start to the week, after tepid trade in New York overnight.

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30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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28 Nov 2023 15:40

Barclays axes 900 staff in "disgraceful" pre-Christmas move - UK union

(Alliance News) - Banking firm Barclays PLC is cutting 900 jobs in its UK business as it looks to slash costs in a "disgraceful" pre-Christmas move, trade union Unite has said.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 08:52

PRESS: Barclays eyes dropping quarter of investment bank clients - FT

(Alliance News) - Barclays PLC is exploring the possibility of dropping thousands of its investment bank clients - a quarter of its total - amid a strategic overhaul to bolster its bottom line and cut GBP1 billion of costs, the Financial Times reported on Tuesday.

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28 Nov 2023 07:56

Barclays considers dropping thousands of investment banking clients - report

(Sharecast News) - Barclays is reportedly exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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27 Nov 2023 17:16

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 13:44

Barclays in talks to acquire mortgage portfolio from Metro Bank

(Sharecast News) - Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.

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27 Nov 2023 13:26

PRESS: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 12:54

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

Argo Blockchain PLC - London-based cryptocurrency miner - Hires Thomas Chippas as chief executive officer and board member, starting immediately. New York-based Chippas most recently was CEO of CBOE Digital, a crypto trading and clearing firm that is part of Cboe Global Markets Group. He also was CEO of Citadel Technology LLC and worked at financial firms Citigroup Inc, Barclays PLC and Deutsche Bank AG. "The pace of innovation in the bitcoin mining industry continues to increase as miners seek ever greater efficiency and capacity in preparation for the bitcoin halving and beyond," Chippas says.

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