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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: 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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13 Feb 2024 14:34

UK earnings, trading statements calendar - next 7 days

Wednesday 14 February 
Coca-Cola HBC AGFull Year Results
Dunelm PLCHalf Year Results
Pan African Resources PLCHalf Year Results
Severn Trent PLCTrading Statement
United Utilities Group PLCTrading Statement
Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf 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.

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9 Feb 2024 17:02

LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.

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9 Feb 2024 15:15

London close: Stocks turn sour in afternoon trading

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

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9 Feb 2024 12:46

Barclays pledges to stop directly financing new oil and gas projects

(Alliance News) - Barclays PLC has promised to stop directly financing energy clients' new oil and gas projects as part of updates to its climate change strategy.

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9 Feb 2024 11:44

LONDON MARKET MIDDAY: European markets quiet heading into afternoon

(Alliance News) - European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.

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9 Feb 2024 08:49

LONDON MARKET OPEN: Tesco bank sold to Barclays for GBP600 million

(Alliance News) - Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.

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9 Feb 2024 08:11

Barclays adds scale, income and profits with Tesco Bank deal, says Shore Capital

(Sharecast News) - Shore Capital has reiterated a 'buy' recommendation on Barclays after its deal to takeover Tesco Personal Finance for £600m, saying that the stock should double from current levels.

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9 Feb 2024 07:59

TOP NEWS: Barclays buys Tesco Bank as supermarkets refocus on food

(Alliance News) - Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial services.

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9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

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9 Feb 2024 07:03

Tesco sells banking unit to Barclays for £600m

(Sharecast News) - UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.

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4 Feb 2024 11:12

Sunday newspaper round-up: Asda, Barclays, McLaren

(Sharecast News) - Zuber Issa, one of the two billionaire brothers at the helm of Asda, has been sounding out potential buyers for his 22.5% stake in the grocer. Instead, Zuber wishes to focus on EG Group, their petrol station empire. Meanwhile, Asda's next phase may include a bid for Boots. According to City sources, it was also possible that Zuber might use the funds raised through a sale to fund the purchase of his brother's stake in EG Group. - The Sunday Telegraph

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26 Jan 2024 17:39

Texas bans Barclays from local govt debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton on Friday said Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its pledges to cut greenhouse gas emissions.

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26 Jan 2024 17:08

Texas bans Barclays from local debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton said on Friday that Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its carbon emissions reduction commitments.

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25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

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25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

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