We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 203.65
Bid: 203.95
Ask: 204.05
Change: -0.70 (-0.34%)
Spread: 0.10 (0.049%)
Open: 204.00
High: 207.45
Low: 202.75
Prev. Close: 204.35
BARC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Stocks retreat, Unilever drops after downgrade

Wed, 11th Jan 2012 11:49

After trading within a narrow 20-point range for most of the morning, it seems if the Footsie has found its direction, dropping around 40 points by midday, with Eurozone concerns once again in the spotlight.Euro-area gross domestic product growth slowed to 0.1% quarter-on-quarter in the third quarter of 2011, from 0.2% in the second quarter. This is the slowest pace of growth since the second quarter of 2009. "Looking ahead, we expect that the significant deterioration in business surveys will take its toll on real activity data, and particularly on the industrial sector," said analyst Francois Cabau from Barclays Capital.Meanwhile, Germany has sold €3.15bn of five-year bonds today at a yield of 0.9%, according to reports. The bid-to-cover ratio was 2.8.In domestic news, overall UK shop price inflation slowed to 1.7% in December, from 2.0% in November, according to the latest data from the British Retail Consortium (BRC). Meanwhile, the UK trade deficit with non-EU countries increased to £5.3bn during the month of November, according to the latest data out this morning from HM Revenue&Customs.UNILEVER DROPS AFTER DOWNGRADEIn company movements, consumer goods firm Unilever was among the worst performers after Morgan Stanley downgraded its rating from overweight to equalweight, citing a limited scope for earnings upgrades this year.Meanwhile, banking stocks continue to climb with RBS leading the way. The lender's Irish unit is preparing its second round of job cuts in four years as part of an effort to save about €50m ($63.9m), according to two people with knowledge of the plan, Bloomberg News reports. Lloyds and Barclays were also in demand.Oil peers Shell, Petrofac and BG were out of favour, tracking crude prices lower. BG was also in the news on reports that it has received six to seven preliminary bids for its 65% stake in India's Gujarat Gas in a deal worth $900mRETAILERS IN FOCUSSupermarket chain Sainsbury's upbeat Christmas trading update was met with praise from the markets early on but the stock fell into the red by lunchtime. Total sales for the 14 weeks to January 7th were up 7.0% from a year earlier, or up 4.5% with fuel sales excluded. Panmure Gordon kept its hold rating on the stock today, saying that the shares "look reasonable value at these levels, given the company's cyclical stability and decent yield." It seems the markets were underwhelmed by the cheery festive trading statements with bakery chain Greggs also falling into the red despite seeing a like-for-like (LFL) sales growth of 5.1% in the five weeks to January 7th. Total sales grew by 10.8% for the period.SuperGroup, the owner of the fast-growing Superdry clothing brand, saw total sales increase 22% (to £79m) between the end of October and the beginning of January, compared to the same period of 2010. However, wholesale problems have continued to weigh on the stock with broker Collins Stewart saying that "confidence in forecasts remains low".SMALL CAP MOVERSHaiKe, the AIM-listed, China-based chemical company dropped 10% this morning on news that its profitability for 2011 will be "behind market expectations".Pest control firm TyraTech tumbled over 20% after it revealed that it has to secure additional funding as a result of unexpected order problems with its US partner.Plaza Centers shot ahead after it announced that it is to sell 47 of its US based shopping centres in a deal valued at $1.428bn.Caspian Holdings, the oil and metals explorer, headed north on news of quick progress at its tungsten mining site in the Extremadura region of southwest Spain.BCFTSE 100 - RisersSchroders (SDR) 1,316.00p +3.54%Royal Bank of Scotland Group (RBS) 21.75p +2.93%Schroders (Non-Voting) (SDRC) 1,066.00p +2.80%Carnival (CCL) 2,251.00p +2.64%Lloyds Banking Group (LLOY) 28.01p +2.56%Legal & General Group (LGEN) 109.60p +2.43%Capita (CPI) 664.50p +2.39%Fresnillo (FRES) 1,768.00p +2.08%Cairn Energy (CNE) 275.40p +1.85%Aviva (AV.) 312.30p +1.73%FTSE 100 - FallersSSE (SSE) 1,257.00p -3.38%Royal Dutch Shell 'A' (RDSA) 2,331.50p -2.94%Petrofac Ltd. (PFC) 1,525.00p -2.87%Unilever (ULVR) 2,090.00p -2.84%Royal Dutch Shell 'B' (RDSB) 2,419.50p -2.79%BG Group (BG.) 1,439.50p -2.60%Aggreko (AGK) 2,068.00p -2.59%Amec (AMEC) 970.50p -2.17%Sainsbury (J) (SBRY) 299.90p -1.96%InterContinental Hotels Group (IHG) 1,206.00p -1.95%FTSE 250 - RisersMichael Page International (MPI) 363.60p +5.33%Kentz Corporation Ltd. (KENZ) 467.20p +4.82%Ferrexpo (FXPO) 305.90p +4.65%Moneysupermarket.com Group (MONY) 106.40p +4.01%Allied Gold Mining (ALD) 166.00p +3.75%Perform Group (PER) 219.90p +3.73%Fenner (FENR) 423.90p +3.29%Henderson Group (HGG) 104.00p +3.07%SIG (SHI) 91.30p +2.99%Ocado Group (OCDO) 55.90p +2.66%FTSE 250 - FallersBrown (N.) Group (BWNG) 230.50p -4.75%Carpetright (CPR) 521.00p -3.07%DS Smith (SMDS) 199.90p -2.30%Wood Group (John) (WG.) 673.50p -2.25%Berendsen (BRSN) 435.50p -2.00%Supergroup (SGP) 540.00p -2.00%Derwent London (DLN) 1,529.00p -1.99%Sports Direct International (SPD) 229.50p -1.76%Grainger (GRI) 102.20p -1.73%Dunelm Group (DNLM) 452.20p -1.72%
More News
24 Apr 2024 11:57

Thursday preview: US Q1 GDP, Barclays in focus

(Sharecast News) - Investors' attention on Thursday will be on a first reading for U.S. gross domestic product growth during the first quarter.

Read more
23 Apr 2024 13:26

Gazprom subsidiary ordered to stop Russian lawsuit against UniCredit

LONDON, April 23 (Reuters) - A subsidiary of Russia's Gazprom was on Tuesday ordered by the UK's Supreme Court to stop suing Italian bank UniCredit in Russia over an aborted gas project.

Read more
23 Apr 2024 08:26

Britain's FTSE 100 blue-chip stock index hits record high

LONDON, April 23 (Reuters) - Britain's blue-chip FTSE 100 index hit a record high on Tuesday, following last week's sharp selloff, as fears of the Middle East crisis escalating eased and investors looked ahead to top U.S. earnings later in the week.

Read more
23 Apr 2024 07:59

Citi remains 'overweight' UK banks; HSBC and Barclays 'top picks'

(Sharecast News) - Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC and Barclays its top picks, but Standard Chartered its least preferred.

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
18 Apr 2024 14:17

UK earnings, trading statements calendar - next 7 days

Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
Mobico Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Hikma Pharmaceuticals PLCTrading Statement
Focusrite PLCHalf Year Results
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
12 Apr 2024 08:55

UK regulator struggles to obtain data for motor financing probe

(Alliance News) - The UK Financial Conduct Authority on Friday said it has reminded motor financing companies to maintain adequate financial resources at all times as it continues its review of their activities.

Read more
12 Apr 2024 07:59

UK banks must prepare for car finance claims, says watchdog

LONDON, April 12 (Reuters) - British lenders have been told by the Financial Conduct Authority (FCA) to ensure they are adequately prepared to meet the potential costs of customer complaints arising from its review into the motor finance industry.

Read more
11 Apr 2024 14:15

Barclays hires UBS banker Abati as co-head of energy transition for EMEA

LONDON, April 11 (Reuters) - Barclays has hired Rafael Abati from UBS as one of two senior bankers to lead its energy transition investment banking business in Europe, the Middle East and Africa (EMEA), Barclays said in a statement.

Read more
10 Apr 2024 19:26

Barclays reduces Fed rate cut view to one in 2024

NEW YORK, April 10 (Reuters) - Barclays economics team on Wednesday said it now sees the U.S. Federal Reserve cutting rates just one time in 2024, by 25 basis points (bps), in light of the upside surprise to the consumer price index (CPI) data released today.

Read more
9 Apr 2024 16:27

Sabadell feels no pressure from British M&A activity to sell TSB

ALICANTE, Spain, April 9 (Reuters) - Sabadell is under no pressure to sell its British TSB business, the Spanish bank's chief executive Cesar Gonzalez Bueno said on Tuesday, despite recent UK sector consolidation.

Read more
9 Apr 2024 12:20

PRESS: Barclays mounts challenge to UK car finance ruling - Sky

(Alliance News) - Barclays PLC has launched a legal challenge over a ruling that it unfairly paid commission to a car finance broker, Sky News reported late Monday.

Read more
5 Apr 2024 09:53

OSB promotes Victoria Hyde to chief financial officer

(Alliance News) - OSB Group PLC on Friday named Victoria Hyde as its chief financial officer, with effect from May 10.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.