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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

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Share Price: 201.00
Bid: 201.60
Ask: 201.65
Change: 0.00 (0.00%)
Spread: 0.05 (0.025%)
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London midday: Stocks rise on hopes over taper delays

Fri, 18th Oct 2013 11:23

The FTSE 100 came close to a one-month high on Friday morning on hopes that the political uncertainty in Washington may prompt the Federal Reserve to continue with its stimulus measures for a little longer.Also helping sentiment this morning was Chinese gross domestic product which grew at a year-on-year rate of 7.8% in the third quarter, rebounding after the 7.5% growth seen in the second quarter. This was in line with consensus estimates, though a slowdown in growth of industrial production, retail sales and fixed asset investment in September could mean that there will be some weakness in upcoming quarters, analysts warned.London's benchmark index was trading near 6,600 in morning trading today; it has not closed above this mark since September 19th when it ended at 6,625.39.As the dust begins to settle following the last-minute deal on Wednesday to extend the debt ceiling and reopen the US government, markets are hoping that the Fed could delay tapering stimulus until early 2014, given that the shutdown is likely to have dampened growth in the fourth quarter.Such hopes boosted the S&P 500 to its highest ever close of 1,733.15 on Thursday night. US stock futures were pointing to even more gains when Wall Street opens later on today.Markets are looking ahead to the delayed release of the September US employment report next Tuesday, which will be key factor in the Fed's next move. Chief Analyst Allan von Mehren from Danske Bank said that the central bank will likely begin to taper at its meeting at the end of January."The Fed likely needs to see the recovery on a stronger footing before it will start to taper. Hence hard data on private consumption, capex and job growth should improve in order for the Fed to move," he said.Prudential gains on readacross from AIALife insurance and giant Prudential was a high riser on Friday after Asian peer AIA reported record quarterly results with new business up 26%. "The insurance sector was also helped by reports that an EU capital requirement could be eased compared to the initial version sought by regulators," said Financial Sales Trader Max Cohen from Spreadex.Heading the other way was William Hill after JPMorgan Cazenove downgraded the stocks from 'overweight' to 'underweight', saying that the bookmaker will face challenges after its profit warning in the third quarter.Diversified mining group Anglo American was lower this after reporting a 24% fall in iron-ore production in the third quarter and an 8% decline in manganese, which together account for one half of group profits. Goldman Sachs was also weighing on the share price this morning after cutting its target for iron ore.Barclays was in the red on reports that it is facing new allegations about LIBOR-rigging. Meanwhile, banking peer RBS was weighed down by comments from Investec which recommended investors not to own the stock ahead of its third-quarter results on November 1st.United Utilities advanced this morning after Credit Suisse upgraded its rating for the stock from 'underperform' to 'neutral', saying it only offers 2% total return downside to its target price. However the bank named SSE as its top pick in the sector, keeping an 'outperform' rating.FTSE 100 - RisersPrudential (PRU) 1,252.00p +3.13%Fresnillo (FRES) 974.50p +2.31%Babcock International Group (BAB) 1,207.00p +2.29%Reckitt Benckiser Group (RB.) 4,444.00p +2.02%Whitbread (WTB) 3,336.00p +1.89%Severn Trent (SVT) 1,826.00p +1.50%Wolseley (WOS) 3,239.00p +1.47%SSE (SSE) 1,453.00p +1.47%Hammerson (HMSO) 530.00p +1.44%Diageo (DGE) 1,980.00p +1.33%FTSE 100 - FallersWilliam Hill (WMH) 400.30p -3.96%Royal Bank of Scotland Group (RBS) 370.00p -1.83%Barclays (BARC) 273.65p -1.67%CRH (CRH) 1,516.00p -1.49%Anglo American (AAL) 1,530.50p -1.45%British Sky Broadcasting Group (BSY) 928.50p -1.22%BG Group (BG.) 1,211.50p -0.74%BAE Systems (BA.) 442.30p -0.65%Rolls-Royce Holdings (RR.) 1,090.00p -0.64%ITV (ITV) 193.90p -0.62%FTSE 250 - RisersCentamin (DI) (CEY) 51.00p +6.25%Polymetal International (POLY) 594.00p +4.21%Regus (RGU) 208.00p +3.90%PayPoint (PAY) 1,117.00p +3.43%Hunting (HTG) 837.00p +3.27%Telecity Group (TCY) 819.50p +2.89%Renishaw (RSW) 1,625.00p +2.85%De La Rue (DLAR) 972.50p +2.48%Dunelm Group (DNLM) 886.00p +2.43%Mitie Group (MTO) 305.00p +2.35%FTSE 250 - FallersComputacenter (CCC) 548.00p -3.61%Kentz Corporation Ltd. (KENZ) 526.00p -2.05%NMC Health (NMC) 333.30p -1.54%UDG Healthcare Public Limited Company (UDG) 319.50p -1.51%Spirent Communications (SPT) 123.30p -1.44%Interserve (IRV) 601.00p -1.39%Diploma (DPLM) 654.00p -1.21%Oxford Instruments (OXIG) 1,301.00p -0.91%Perform Group (PER) 555.00p -0.89%Mitchells & Butlers (MAB) 396.50p -0.88%BC
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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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27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

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

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26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

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