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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 216.30
Bid: 216.25
Ask: 216.35
Change: -0.45 (-0.21%)
Spread: 0.10 (0.046%)
Open: 215.35
High: 216.35
Low: 213.60
Prev. Close: 216.75
BARC Live PriceLast checked at -

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London open: Banking stocks limit upside as markets open flat

Mon, 20th Jan 2014 08:18

- Banks fall after Deutsche Bank Q4 loss- US markets closed for MLK Jr day- Chinese data points to slowdowntechMARK 2,857.04 +0.21%FTSE 100 6,828.28 -0.01%FTSE 250 16,219.04 +0.20%UK equities opened more or less flat on Monday on what is set to be a quiet day with Wall Street closed later on for Martin Luther King Jr Day."Not only will this mean lower trading volumes as traders take an extended weekend, it also means there will be fewer catalysts as there will be no economic releases or corporate earnings from the US today," said Market Analyst Craig Erlam from Alpari.Nevertheless, markets were still under pressure early on after a raft of data from China signalled that growth had slowed down towards the end of last year.Weakness among banking stocks was also limiting upside in London this morning as the FTSE 100 opened flat after hitting a fresh eight-month high of 6,829.30 on Friday - its best closing level since May 22nd 2013.Markets across Europe were in the red this morning after German heavyweight Deutsche Bank unveiled a surprise loss for the fourth quarter, reporting a "nasty set of numbers which have geared investors here in Europe for what could be an ugly earnings season for European banks", said Market Strategist Ishaq Siddiqi from ETX Capital.Slowdown in ChinaAsian markets were broadly lower overnight after data showed that Chinese gross domestic product (GDP) expanded at a year-on-year rate of 7.7% in the fourth quarter of 2013, slightly ahead of the 7.6% growth expected but down from 7.8% the previous quarter.That means that GDP growth levelled out to 7.7% during 2013 as a whole, the same as 2012. Economists, however, predict a further slowdown in 2014 to 7.4% which will represent China's slowest rate of expansion since 1990.In other economic data, the annual pace of Chinese industrial production growth also eased in December to 9.7%, from 10% previously and below forecasts. Retail sales growth, meanwhile, slowed to 13.6% from 13.7%, though this was in line with expectations.Banks under pressureRBS was among the worst performers early on after analysts at JPMorgan Cazenove downgraded the stock to 'underweight'.Sentiment among banks was also dampened this morning by a fourth-quarter report from Deutsche Bank - released 10 days earlier than expected -which revealed a pre-tax loss of €1.153bn. The bank said that litigation costs and restructuring weighed on results, as well as a sharp fall in fixed income revenue.Barclays, Lloyds, HSBC and Standard Chartered were also in the red.Oil giant Royal Dutch Shell was also lower after agreeing to sell its stake in the Wheatstone liquefied natural gas project in Western Australia for nearly $1.4bn in an effort to improve capital efficiency. This comes after the company disappointed investors with a big profit warning on Friday.Others in the resources sector, such as mining peers Antofagasta, BHP Billiton and Rio Tinto, were also unwanted as markets reacted to the latest figures from top metals consumer China.Diageo and SABMiller were on the rise as M&A activity continues to pick up in the global drinks industry. Just a few days after whisky maker Beam was bought for $16bn by Suntory, it was announced that AB InBev is buying back South Korean brewer Oriental Brewery for $5.8bn.FTSE 100 - RisersWeir Group (WEIR) 2,212.00p +3.51%Fresnillo (FRES) 748.50p +2.25%ARM Holdings (ARM) 1,002.00p +1.31%Next (NXT) 6,225.00p +1.30%British Sky Broadcasting Group (BSY) 850.50p +1.25%Amec (AMEC) 1,058.00p +1.24%Melrose Industries (MRO) 311.80p +1.17%ITV (ITV) 205.30p +1.03%Pearson (PSON) 1,293.00p +1.02%Wolseley (WOS) 3,502.00p +1.01%FTSE 100 - FallersBarclays (BARC) 284.20p -1.52%Royal Bank of Scotland Group (RBS) 359.70p -1.10%Royal Dutch Shell 'A' (RDSA) 2,152.50p -1.01%Royal Dutch Shell 'B' (RDSB) 2,259.50p -0.88%Rio Tinto (RIO) 3,355.00p -0.83%Antofagasta (ANTO) 840.00p -0.77%HSBC Holdings (HSBA) 673.40p -0.63%Tullow Oil (TLW) 901.00p -0.61%Lloyds Banking Group (LLOY) 83.02p -0.60%British Land Co (BLND) 660.00p -0.60%FTSE 250 - RisersNMC Health (NMC) 484.90p +3.59%Polymetal International (POLY) 554.50p +2.88%WH Smith (SMWH) 1,017.00p +2.42%Perform Group (PER) 251.00p +2.20%Imagination Technologies Group (IMG) 200.80p +1.98%Restaurant Group (RTN) 639.00p +1.83%Bodycote (BOY) 720.50p +1.62%Genesis Emerging Markets Fund Ltd Ptg NPV (GSS) 503.00p +1.39%Betfair Group (BET) 1,021.00p +1.39%Mitchells & Butlers (MAB) 461.20p +1.36%FTSE 250 - FallersBank of Georgia Holdings (BGEO) 2,336.00p -2.22%Petra Diamonds Ltd.(DI) (PDL) 122.20p -1.85%Ferrexpo (FXPO) 178.30p -1.82%Evraz (EVR) 102.20p -1.73%FirstGroup (FGP) 138.80p -1.70%ICAP (IAP) 446.30p -1.33%Spectris (SXS) 2,387.00p -1.08%Premier Oil (PMO) 284.80p -1.04%Daejan Holdings (DJAN) 4,671.00p -1.02%Genus (GNS) 1,397.00p -0.99%BC
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Barclays unveils massive overhaul as profits fall 6%

(Sharecast News) - Barclays Bank unveiled a swathe of changes on Tuesday, including a structural overhaul of operations, £2bn in cost cuts and a massive increase in shareholder payouts as annual earnings fell by 6%.

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19 Feb 2024 16:10

Tuesday preview: China rate decision, Barclays in focus

(Sharecast News) - Investors' focus on Tuesday will be on the People's Bank of China's interest rate decision overnight.

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18 Feb 2024 23:26

Sunday newspaper round-up: Currys, Barclays, Homebuilders

(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph

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16 Feb 2024 12:07

LONDON MARKET MIDDAY: Stocks up as UK retail sales soften GDP jitters

(Alliance News) - Stock prices in London were up strongly at midday on Friday, buoyed by UK retail sales data that came in far better than expected and soothed worries about the economy after numbers on Thursday showed it entered recession last year.

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16 Feb 2024 08:41

LONDON MARKET OPEN: Stocks climb amid UK retail sales surprise

(Alliance News) - Stock prices in London opened higher on Friday morning, after a sentiment-boosting UK retail sales reading which calmed some nerves about the economy.

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15 Feb 2024 11:59

REPEAT: Barclays bids to buy SocGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

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15 Feb 2024 10:37

PRESS: Barclays bids to buy SogGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

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15 Feb 2024 07:24

Barclays eyes SocGen's UK private bank - report

(Sharecast News) - Barclays is considering bidding for Societe Generale's UK private bank, it was reported on Thursday.

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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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