Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video 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: 219.20
Bid: 219.50
Ask: 219.60
Change: -0.80 (-0.36%)
Spread: 0.10 (0.046%)
Open: 222.05
High: 224.25
Low: 219.05
Prev. Close: 220.00
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 rise as Japan attempts to boost growth

Fri, 11th Jan 2013 11:31

- Japan launches new stimulus package- Chinese inflation rises in December- UK production misses the mark in NovemberMarkets were making small gains on Friday morning as hopes for the Japanese economy offset concerns about price rises in China and a downbeat reading of UK production.News from Japan had boosted sentiment in morning trade, where newly-elected Prime Minister Shinzo Abe has unveiled a 10.3tn-yen stimulus package, aimed at raising economic growth by 2% and creating 600,000 new jobs. The plan "shows a clear commitment to economic revitalization", Abe said at a conference in Tokyo. However, limiting gains on stock markets this morning was Chinese inflation which rose to 2.5% in December as the cold weather resulted in an increase in food prices. "While the figure remains well below the inflation target of 4%, it has raised concerns that it could lead to a tightening of monetary policy in the first half of this year," according to market analyst Craig Erlam from Alpari. "The loosening of monetary policy appears to have been largely responsible for the improvement witnessed in the economy in the fourth quarter," he said. As such, mining stocks in London were firmly out of favour this morning on concerns over Chinese growth, with BHP Billiton, Vedanta, Antofagasta and Rio Tinto registering losses.In domestic news, UK production rose by just 0.3% in November, missing the consensus forecast rise of 0.8%.In other news, German economic growth went into reverse in the fourth quarter due to weak demand from the Eurozone, according to a statement from the country's Ministry of Economics published today. FTSE 100: IAG and financials flying high after upgradesBritish Airways and Iberia owner IAG was in demand this morning after UBS upgraded the stock from 'neutral' to 'buy', following its underperformance against other European airline shares under the broker's coverage. "We think that IAG could be the laggard most likely to outperform in 2013 should it achieve the concessions the company wants from Iberia staff," the broker said.Financial stocks were performing well this morning with asset management firms given a lift by Credit Suisse. The Swiss broker said that the recent improvement in the macro backdrop should drive investor appetite "which bodes well for the asset managers". It upgraded Schroders to 'neutral' and maintained its 'outperform' recommendation for Aberdeen.Elsewhere, insurance giant Aviva was boosted by an upgrade by Citigroup to 'buy'. Banking peers RBS, Barclays and Lloyds were also among the highest risers. Oil giant Tullow was under the weather after achieving average working interest production of 79,200 barrels of oil per day (bopd) in 2012, below the forecast range of 80,000-84,000 bopped. The group also revealed that exploration write-offs more than doubled last year due to a number of unsuccessful drilling activities and licence relinquishments. High Street giant Marks & Spencer was lower, extending losses from yesterday after its third-quarter sales disappointed the market. The stock was taken down a peg by HSBC this morning, which downgraded its recommendation for the shares to 'neutral'. FTSE 250: Centamin and Moneysupermarket lead the risersGold miner Centamin continued to rise after its fourth-quarter production results on Wednesday, in which it beat output guidance by 5%. Liberum Capital labelled the stock as a compelling buy this morning. The shares have now risen by over a third in the last five days.Price comparison website Moneysupermarket.com surged after saying that adjusted revenue is expected to have risen by 15% to £204.5m last year. Adjusted EBITDA is forecast to have risen 26% to £66m.FTSE 100 - RisersInternational Consolidated Airlines Group SA (CDI) (IAG) 204.60p +3.91%Aviva (AV.) 378.30p +2.80%Burberry Group (BRBY) 1,323.00p +1.93%Aberdeen Asset Management (ADN) 386.90p +1.79%Barclays (BARC) 299.80p +1.77%Reed Elsevier (REL) 660.00p +1.69%Amec (AMEC) 1,082.00p +1.69%InterContinental Hotels Group (IHG) 1,775.00p +1.43%Sage Group (SGE) 314.70p +1.42%ITV (ITV) 109.20p +1.39%FTSE 100 - FallersTullow Oil (TLW) 1,158.00p -5.47%BHP Billiton (BLT) 2,074.00p -2.72%Antofagasta (ANTO) 1,298.00p -1.82%Rio Tinto (RIO) 3,450.00p -1.75%Vedanta Resources (VED) 1,185.00p -1.74%Marks & Spencer Group (MKS) 362.70p -1.65%Tesco (TSCO) 350.00p -1.52%Johnson Matthey (JMAT) 2,261.00p -1.48%Kazakhmys (KAZ) 814.00p -1.45%Randgold Resources Ltd. (RRS) 5,865.00p -1.43%FTSE 250 - RisersCentamin (DI) (CEY) 56.65p +10.75%Moneysupermarket.com Group (MONY) 167.50p +5.81%Brown (N.) Group (BWNG) 376.00p +5.03%Supergroup (SGP) 573.00p +4.95%Henderson Group (HGG) 142.90p +3.93%Fidessa Group (FDSA) 1,616.00p +3.46%TalkTalk Telecom Group (TALK) 240.80p +3.13%Laird (LRD) 238.00p +2.59%Persimmon (PSN) 868.50p +2.54%3i Group (III) 239.70p +2.39%FTSE 250 - FallersFirstGroup (FGP) 191.10p -4.40%Ophir Energy (OPHR) 544.50p -3.20%Kenmare Resources (KMR) 34.34p -1.60%Rentokil Initial (RTO) 90.50p -1.58%Cranswick (CWK) 876.50p -1.52%Enterprise Inns (ETI) 101.00p -1.46%Vesuvius (VSVS) 374.60p -1.19%Dairy Crest Group (DCG) 401.00p -1.13%Tullett Prebon (TLPR) 266.80p -0.97%Electra Private Equity (ELTA) 1,995.00p -0.80%BC
More News
25 Apr 2024 07:43

LONDON BRIEFING: Miner Anglo American eyes rival BHP takeover

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 07:01

Barclays Q1 profits fall 12%

(Sharecast News) - Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.

Read more
24 Apr 2024 22:47

Microsoft-backed Rubrik prices IPO above range at $32 per share, source says

NEW YORK, April 24 (Reuters) - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its indicated price range, according to a person familiar with the matter.

Read more
24 Apr 2024 19:38

Barclays takes EUR260 million loss from Italian mortgage book sale

(Alliance News) - Barclays PLC on Wednesday said it would book a EUR260 million pretax loss after agreeing the disposal of its Italian mortgage portfolio.

Read more
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

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.