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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: 1.35 (0.67%)
Spread: 0.10 (0.049%)
Open: 202.50
High: 203.40
Low: 199.58
Prev. Close: 201.00
BARC Live PriceLast checked at -

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London midday: UK stocks snap three-day decline as HSBC rises

Mon, 04th Aug 2014 12:12

- HSBC leads banks higher, Intertek rises- UK construction PMI beats forecasts- Portugal concerns ease after BES rescuetechMARK 2,748.21 -0.12%FTSE 100 6,711.03 +0.48%FTSE 250 15,387.53 -0.10%UK stocks pushed higher on Monday as the FTSE 100 rebounded after three straight days of losses, as domestic economic data beat forecasts and nerves about Portugal's banking sector eased.Banks were leading the markets higher in London following a warm reaction to the latest results from sector heavyweight HSBC, while product testing group Intertek also impressed.The Footsie was trading 0.5% higher at 6,711 by midday. The index had lost around 1.9% of its value over the last three trading sessions to finish at 6,679.18 on Friday, its lowest finish since 10 July.However, with geopolitical tensions in Gaza and Ukraine still firmly in the spotlight, there was still "a little caution in the markets", according to market analyst Craig Erlam from Alpari. He said: "Investors are a little concerned that the sell-off which started last week is not over and could lead to something much bigger."From a technical point of view, Mike van Dulken, head of research at Accendo Markets, said: "While good to see a bounce, and bulls will be eyeing recent 6,835 highs, we await a decent break above 6,700 before ruling out merely a pause before another leg down to the 6,500 level." Economic data on Monday showed that UK housing construction activity in July registered the sharpest rise since November 2003, led by a record pace of job creation and a shortage of supplies. The Markit/CIPS purchasing managers' index for the construction sector eased back to 62.4 in July from 62.6 in June, but still came in above the 62 forecast and well above the 50 level that signals growth.Developments in Portugal were also helping to repair market sentiment this weekend after the central bank unveiled plans to save struggling lender Banco Espirito Santo (BES). BES will be split into 'good' and 'bad' banks as part of a €4.9bn rescue.HSBC, IntertekShares in banking giant HSBC gained strongly despite reporting a larger-than-expected 12% drop in first-half pre-tax profits to $12.34bn, with underlying profits down 4%. "Whilst regulatory uncertainty persists, our balance sheet remains strong and our continuing ability to generate capital supports both growth and our progressive dividend policy," the company's chief executive Stuart Gulliver said.Sector peers Lloyds, Royal Bank of Scotland, Standard Chartered and Barclays were also in demand.Product testing, inspection and certification group Intertek rose after saying that organic revenue growth should pick up in the second half. Financial results for the first half were weaker than last year due to currency movements and continued headwinds in the minerals and energy-related businesses. Mining stocks also advanced on the back of an improvement in risk appetite with Glencore, Anglo American and Antofagasta making gains. On the FTSE 250, Alent, Keller and Esure were performing well after their interim results, while Telecity and Senior both disappointed.FTSE 100 - RisersIntertek Group (ITRK) 2,609.00p +3.00%HSBC Holdings (HSBA) 641.60p +1.95%Lloyds Banking Group (LLOY) 74.68p +1.84%GlaxoSmithKline (GSK) 1,442.50p +1.84%Royal Bank of Scotland Group (RBS) 354.80p +1.37%Glencore (GLEN) 361.00p +1.36%Barclays (BARC) 226.90p +1.18%Rexam (REX) 506.50p +1.10%BG Group (BG.) 1,221.50p +1.08%Aberdeen Asset Management (ADN) 418.40p +0.99%FTSE 100 - FallersPetrofac Ltd. (PFC) 1,091.00p -1.80%Royal Mail (RMG) 421.30p -1.59%Carnival (CCL) 2,120.00p -1.21%Barratt Developments (BDEV) 347.30p -1.19%IMI (IMI) 1,429.00p -1.11%Hargreaves Lansdown (HL.) 1,006.00p -1.08%Capita (CPI) 1,168.00p -1.02%Babcock International Group (BAB) 1,069.00p -1.02%Pearson (PSON) 1,126.00p -0.97%easyJet (EZJ) 1,287.00p -0.85%FTSE 250 - RisersAlent (ALNT) 347.90p +5.30%Keller Group (KLR) 911.50p +4.17%Man Group (EMG) 120.60p +3.25%Balfour Beatty (BBY) 246.70p +2.88%Home Retail Group (HOME) 166.30p +2.34%Carphone Warehouse Group (CPW) 341.30p +1.91%Dixons Retail (DXNS) 52.75p +1.83%Evraz (EVR) 100.40p +1.83%esure Group (ESUR) 261.90p +1.83%NMC Health (NMC) 469.00p +1.74%FTSE 250 - FallersPayPoint (PAY) 1,047.00p -3.68%Afren (AFR) 110.10p -3.51%Telecity Group (TCY) 763.50p -3.48%Bovis Homes Group (BVS) 746.50p -2.74%AO World (AO.) 193.60p -2.71%Imagination Technologies Group (IMG) 184.10p -2.59%Spirent Communications (SPT) 96.25p -2.43%Senior (SNR) 256.70p -2.17%Infinis Energy (INFI) 217.20p -2.16%Dignity (DTY) 1,359.00p -2.16%BC
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Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Caledonia Mining Corp PLCAGM
CPPGroup PLCAGM
Just Group PLCAGM
Macfarlane Group PLC AGM
Plus500 LtdAGM
Supernova Digital Assets PLCAGM
Wednesday 8 May 
Airea PLCAGM
Antofagasta PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Deltex Medical Group PLCAGM
Direct Line Insurance Group PLCAGM
Fidelity European Trust PLCAGM
Haleon PLCAGM
Jardine Matheson PLCAGM
JZ Capital Partners LtdEGM re investing in a secondary fund
Oscillate PLCAGM
Pershing Square Holdings LtdAGM
Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
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OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar PLCAGM
  
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.

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Barclays to cut jobs in investment banking - reports

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NEW YORK April 29 (Reuters) -

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Where are Wall Street's analyst notes on Trump's Truth Social?

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Barclays Q1 profit falls 12% as trading slump hits

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