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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: 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 open: Banks lead markets lower ahead of FOMC meeting

Tue, 17th Sep 2013 08:14

Following a strong start to the week, investors turned cautious ahead of the conclusion of the Federal Open Market Committee (FOMC) meeting tomorrow afternoon as markets ready themselves for one of the most closely-watched US policy decisions in recent years, given rising expectations that the Fed will begin to scale back its quantitative easing (QE) programme.The FTSE 100 was registering small losses early on, retreating from Monday's close of 6,622.86 - this was the best close for London's benchmark index since August 2nd, when it finished the day at 6,647.87."The two-day event is certain to install some trepidation in investors with the majority of economists surveyed of the belief that Fed policymakers will cut monthly bond buying by $10bn to $75bn per month," said Financial Sales Trader Max Cohen from Spreadex.Markets across the globe gained on Monday after the announcement by well-known hawk Larry Summers that he has dropped out of the race to take over Ben Bernanke's position as Fed Chairman when he steps down in January. Cohen said that Summers would have tightened policy more than Fed Vice Chair Janet Yellen, who is now widely regarded as the firm favourite to succeed Bernanke.He said: "many analysts point out that (interest) rate-hike expectations are of fundamental importance because of their impact on short-term US bond yields and thereby the dollar's yield attraction. A faster pace of rate increases would make the dollar more attractive given that many other central banks, such as the European Central Bank and the Bank of Japan, are perceived to be nowhere near tightening."FTSE 100: Lloyds falls as government begins stake saleBanking group Lloyds was in the red this morning after the UK Financial Investments sold a 6% stake in the bank for £3.2bn, reducing its shareholding from about 38.7% to approximately 32.7%. The Treasury sold 4.3bn shares at a price of 75p each. Part-nationalised peer RBS was also lower early on.Barclays was also lower after it was reported yesterday that it is facing a £50m fine for allegedly breaching market listing rules over its capital raisings. The bank also said that its adjusted income for July and August was lower than in the same period of the previous year, resulting in a 5% year-on-year decline in adjusted income for the eight-month period to August 31st.Mining stocks were also out of favour as risk appetite was scaled back ahead of the Fed decision - Vedanta Resources, Glencore Xstrata, Rio Tinto and Anglo American were among the FTSE 100's worst performers . Glencore Xstrata was being weighed down by UBS which lowered its rating from 'buy' to 'neutral', saying that a "challenging" price outlook will cap share-price performance.Randgold however bucked the trend as gold prices rebounded after hitting a five-week low the day before.FTSE 250: Debenhams rises after pre-close statementDebenhams was a high riser after saying it expects annual pre-tax profit in line with market forecasts on the back of growth in market share and like-for-like sales. In a trading update ahead of results for the year to end of August, the retailer reported a 2% rise in group like-for-like sales supported by online revenue and market share gains in clothing and non-clothing such as womenswear and beauty.Crest Nicholson, the housebuilder which debuted on the stock market back in February, edged higher after reservations in the third quarter were given a boost by the government's stimulus measures as it gave a confident outlook for the future. Domino Printing fell after it warned that market conditions have continued to remain "difficult" in many regions, and in some areas it has seen signs of possible deterioration. FTSE 100 - RisersSmiths Group (SMIN) 1,390.00p +1.24%United Utilities Group (UU.) 694.50p +1.02%Rolls-Royce Holdings (RR.) 1,117.00p +0.99%Bunzl (BNZL) 1,378.00p +0.95%Severn Trent (SVT) 1,774.00p +0.91%Schroders (SDR) 2,524.00p +0.88%Randgold Resources Ltd. (RRS) 4,525.00p +0.87%National Grid (NG.) 752.00p +0.80%Burberry Group (BRBY) 1,614.00p +0.75%Diageo (DGE) 2,027.50p +0.75%FTSE 100 - FallersVedanta Resources (VED) 1,151.00p -2.71%Royal Bank of Scotland Group (RBS) 357.00p -2.59%Glencore Xstrata (GLEN) 334.45p -2.18%Lloyds Banking Group (LLOY) 75.71p -2.13%Aggreko (AGK) 1,621.00p -1.70%Anglo American (AAL) 1,559.50p -1.48%Serco Group (SRP) 566.00p -1.48%Barclays (BARC) 301.25p -1.36%Standard Chartered (STAN) 1,490.00p -1.32%BG Group (BG.) 1,192.00p -1.20%FTSE 250 - RisersDebenhams (DEB) 106.00p +2.71%Bumi (BUMI) 214.20p +2.24%Salamander Energy (SMDR) 127.00p +1.76%Stagecoach Group (SGC) 335.90p +1.70%Go-Ahead Group (GOG) 1,592.00p +1.66%Crest Nicholson Holdings (CRST) 342.50p +1.51%Rightmove (RMV) 2,416.00p +1.26%Menzies(John) (MNZS) 807.00p +1.25%Jardine Lloyd Thompson Group (JLT) 929.00p +1.20%Dairy Crest Group (DCG) 492.80p +1.00%FTSE 250 - FallersEvraz (EVR) 134.10p -4.15%Investec (INVP) 427.90p -3.17%Imagination Technologies Group (IMG) 334.00p -2.91%Vesuvius (VSVS) 472.70p -2.90%Lonmin (LMI) 323.00p -2.51%Alent (ALNT) 375.30p -2.01%Domino Printing Sciences (DNO) 660.00p -2.00%Ferrexpo (FXPO) 182.30p -1.88%Kazakhmys (KAZ) 284.80p -1.79%Polymetal International (POLY) 649.50p -1.52%BC
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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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26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

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26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

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

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25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

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25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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25 Apr 2024 11:00

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

NEW YORK, April 25 (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

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25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

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25 Apr 2024 08:36

TOP NEWS: Barclays first quarter profit falls but beats expectations

(Alliance News) - Barclays PLC on Thursday reported a fall in first quarter profits as a weak investment banking performance hindered performance.

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