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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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7 Dec 2023 15:35

IN BRIEF: Barclays Chair Nigel Higgins buys 200,000 shares

Barclays PLC - London-based consumer, business and investment bank - Chair Nigel Higgins buys 200,000 shares at GBP1.3867 each, worth GBP277,340, in London on Thursday.

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5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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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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