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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: 216.75
Bid: 216.10
Ask: 216.15
Change: 1.85 (0.86%)
Spread: 0.05 (0.023%)
Open: 214.55
High: 216.75
Low: 214.55
Prev. Close: 214.90
BARC Live PriceLast checked at -

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London midday: Upbeat earnings provide a lift as BoE holds rates

Thu, 08th May 2014 11:35

- Barclays, Standard Chartered, BT and Morrison rise after results- BoE holds policy, ECB in focus- Yellen signals need for continued support- Ukraine tensions ease slightly after Putin commentstechMARK 2,796.26 +0.19%FTSE 100 6,836.23 +0.59%FTSE 250 15,916.36 +0.22%Decent gains from Barclays, Standard Chartered, BT and WM Morrison gave markets a boost on Thursday, as investors awaited policy decisions in the UK and Europe.As expected, the Bank of England chose to keep the Bank Rate at 0.5% and leave its asset purchase programme unchanged at £375bn.Focus now turns to the European Central Bank (ECB) with markets waiting to see whether President Mario Draghi unveils new stimulus measures in a bid to bring down a strengthening euro with inflation still weak. However, the general consensus is that the ECB will also choose to keep policy on hold.The FTSE 100 was trading 0.6% higher at 6,836 by midday; it has not closed above this level since February 24th.Markets were tracking gains made on Wall Street on Wednesday evening after Federal Reserve Chair Janet Yellen said that the central bank will continue to stimulate the US economy with inflation and the labour market still far away from targets. Meanwhile, she said there were signs that a slowdown in the housing market is posing a fresh risk to the recovery.Comments made yesterday by Russian President Vladimir Putin also helped sentiment after he signalled that he is open to discussing measures to resolve the crisis in Ukraine. He also said he had pulled Russian troops from the borders as he called on pro-Russian activists in Eastern Ukraine to postpone a planned referendum this weekend.However, reports suggest that the separatists will not heed Putin's request and the vote will go ahead on May 11th as planned. German Foreign Minister Frank-Walter Steinmeier has been cited as saying that there is "growing momentum amongst a series of separatist groups who neither listen to Moscow, nor to Kiev". He said that growing instability in Ukraine "isn't in Russia's interest in the long term".Barclays, Standard Chartered, BT and WM Morrison riseBarclays gained after unveiling plans to cut 14,000 jobs across the group as part of a strategy update aimed at creating a "leaner, stronger" bank. In what it described as a "bold simplification" of the group, Barclays said it would become a focused international bank, costing it a further £800m, in addition to the original £2.7bn announced in February 2013.Domestic banking peers Lloyds and RBS were also higher, along with emerging markets-focused Standard Chartered, which rose despite saying that profits declined by a "high single-digit percentage" in the first quarter.BT rose strongly after its new TV sport channels underpinned record fourth-quarter consumer revenues, helping the UK telecoms group to ring up higher annual profits.Supermarket chain WM Morrison also gained after holding on to its full-year targets even after a slump in sales in its first quarter amid rising competition in the UK grocery industry.Heading the other way was software firm Sage which underwhelmed with 5% organic revenue growth in the first half, as it announced the resignation of long-running Chief Executive Officer Guy Berruyer.Energy company Centrica, owner of British Gas in the UK and Direct Energy in the US, was also lower after cautioning of a reduced full-year outlook for earnings in 2014 due to challenging conditions on both sides of the Atlantic.On the FTSE 250, fashion retailer SuperGroup saw shares plummet after reporting a steep slowdown in sales growth in the fourth quarter and saying that full-year profits would be at the lower end of expectations.Sports media group Perform impressed with strong revenue growth in the first quarter and the appointment of a respected new finance chief.FTSE 100 - RisersBarclays (BARC) 256.45p +5.40%Standard Chartered (STAN) 1,321.50p +3.20%BT Group (BT.A) 388.60p +3.13%Morrison (Wm) Supermarkets (MRW) 196.50p +2.99%Mondi (MNDI) 1,017.00p +2.52%International Consolidated Airlines Group SA (CDI) (IAG) 403.80p +2.44%Old Mutual (OML) 207.20p +2.02%AstraZeneca (AZN) 4,723.50p +2.00%Land Securities Group (LAND) 1,096.00p +1.67%Barratt Developments (BDEV) 382.40p +1.62%FTSE 100 - FallersSage Group (SGE) 397.00p -5.92%Centrica (CNA) 317.60p -2.82%Petrofac Ltd. (PFC) 1,400.00p -1.48%Ashtead Group (AHT) 847.00p -1.45%Randgold Resources Ltd. (RRS) 4,636.00p -1.42%Meggitt (MGGT) 478.60p -0.85%Sports Direct International (SPD) 782.50p -0.82%G4S (GFS) 248.20p -0.80%Vodafone Group (VOD) 224.95p -0.79%SSE (SSE) 1,533.00p -0.78%FTSE 250 - RisersPerform Group (PER) 251.30p +7.39%Diploma (DPLM) 695.00p +3.04%Petra Diamonds Ltd.(DI) (PDL) 161.20p +2.94%Kazakhmys (KAZ) 251.60p +2.57%3i Group (III) 380.50p +2.04%ICAP (IAP) 402.20p +1.98%Polymetal International (POLY) 571.00p +1.96%NMC Health (NMC) 462.00p +1.85%UBM (UBM) 667.00p +1.83%Entertainment One Limited (ETO) 297.80p +1.81%FTSE 250 - FallersSupergroup (SGP) 1,198.00p -11.13%Partnership Assurance Group (PA.) 123.80p -3.66%Just Retirement Group (JRG) 159.10p -2.51%Keller Group (KLR) 987.50p -2.42%TalkTalk Telecom Group (TALK) 289.60p -2.16%JD Sports Fashion (JD.) 1,700.00p -2.02%Afren (AFR) 161.90p -1.94%Fenner (FENR) 399.50p -1.84%African Barrick Gold (ABG) 232.10p -1.74%Ocado Group (OCDO) 306.40p -1.57%BC
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17 May 2024 21:33

IN BRIEF: Barclays intends to fully redeem EUR750 million notes

Barclays PLC - London-based bank - Intends to fully redeem all of the outstanding EUR750 million 0.75% reset notes due 2025 on June 9. The outstanding notes will be redeemed on the redemption date at a price equal to 100% of their principal amount plus accrued but unpaid interest from, and including, June 9 last year.

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13 May 2024 10:51

Barclays promotes Chiapparoli EMEA co-head for industrials, names new Italy CEO

MILAN, May 13 (Reuters) - British bank Barclays on Monday said it had appointed Enrico Chiapparoli as co-head of industrials for Europe, Middle East and Africa (EMEA), leaving his post as Italy chief executive to Paolo De Luca.

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10 May 2024 11:17

JPMorgan still positive on UK banks despite potential rate cuts

(Sharecast News) - JPMorgan has said that dovish comments from the Bank of England this week don't alter its constructive view on UK banking stocks, even if interest rates do fall more sharply than markets are currently pricing in.

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9 May 2024 12:08

Barclays AGM disrupted by activists protesting over Gaza

LONDON, May 9 (Reuters) - Barclays' annual shareholder meeting was disrupted by activists protesting against its alleged indirect links to violence in Gaza, with the bank's chair telling security staff to eject them from the event in Glasgow on Thursday.

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9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

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8 May 2024 16:45

UK watchdog considers redress scheme after motor finance probe

LONDON, May 8 (Reuters) - Britain's financial watchdog said on Wednesday it was considering a formal redress scheme to compensate thousands of consumers that were potentially overcharged for motor finance.

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7 May 2024 07:00

Race for Europe's first 'real-time' stock trade tape heats up

LONDON, May 7 (Reuters) - Banks and asset managers are vying with Europe’s exchanges to develop technology that can deepen the pool of investors in the continent’s capital markets and better compete with Wall Street.

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4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

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3 May 2024 17:04

Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and systematic trading strategies have grown so much that those trading on company fundamentals might be hurt.

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2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

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
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
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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1 May 2024 14:50

Barclays to cut jobs in investment banking - reports

(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.

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30 Apr 2024 20:30

GM in talks with Barclays to replace Goldman Sachs in credit card partnership -source

NEW YORK April 29 (Reuters) -

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29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

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

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26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

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