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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 open: BP leads the rise, Footsie above 5,500

Mon, 17th Oct 2011 08:34

The Footsie jumped above the 5,500 mark in the opening minutes, a level not seen since early August, on the back of hopes that Eurozone leaders are working hard to solve the region's debt crisis.STOCKS UP ON EUROZONE HOPESFollowing the weekend meeting of G20 leaders in Paris, the markets will now be looking ahead to a crucial EU summit on 23 October, with Chancellor of the Exchequer George Osborne calling for leaders to take "impressive" action to solve the ongoing debt crisis in the Eurozone."We have heard from eurozone colleagues the action they are working on, but I think they will have left Paris under no misunderstanding that there is a huge amount of pressure on them to deliver a solution to the crisis," Osborne told reporters. "It remains the epicentre of the world's current economic problems. And the European Council is clearly the moment when people are expecting something quite impressive."Meanwhile, the European Commission is expected to announce a new jobs plan worth €50bn through the investment in digital, transport and energy networks across the continent. "Infrastructure finance in Europe has suffered since the financial crisis and banks face new constraints on long term lending. Project bonds could be a way to attract capital from other investors, such as pension funds and insurance companies, and be a useful addition to traditional financing options," said EIB president Philippe Maystadt.BP LEADS THE RISEBP rose over 5% in the opening minutes after it reached agreement with Anadarko Petroleum to settle all claims between the companies related to the Deepwater Horizon accident. Anadarko, which had a 25% interest in the Macondo prospect, will pay BP $4bn in a single cash payment. BP will apply the payment to the $20bn trust it established that is available to meet individual, business and government claims, as well as the cost of the natural resource damages. Anadarko will also transfer all of its 25% interest in the MC252 (Macondo) lease to BP. BP has awarded engineering and project management services (EPMS) firm AMEC with £150m contract to provide EPMS for its "giant" Clair oil field.Heading the other way was G4S which lost over 11% of its market value after announcing plans to create the world's largest security and facilities services group with the huge £5.2bn purchase of ISS. The transaction will be funded through a combination of new debt facilities and a seven for six rights issue at a price of 122p, a hefty discount to Friday's closing price of 275.2p, which will raise around £2bn.UK banks, whose market movements have been sensitive to the ongoing problems in the Eurozone, were in demand this morning, with Royal Bank of Scotland and Barclays among the top ten performers.The miners were also in demand, with Eurasian Natural Resources Corp, Xstrata and Vedanta on the rise. Sector peer Rio Tinto was higher after announcing the reorganisation of its Aluminium product group that will include the sale of 13 assets at some point in the future. BCFTSE 100 - RisersBP (BP.) 437.70p +5.12%Royal Bank of Scotland Group (RBS) 25.31p +4.33%Eurasian Natural Resources Corp. (ENRC) 687.00p +3.70%Aviva (AV.) 350.00p +3.24%Man Group (EMG) 162.70p +3.24%Xstrata (XTA) 1,002.50p +2.92%Vedanta Resources (VED) 1,247.00p +2.80%Barclays (BARC) 180.75p +2.67%Essar Energy (ESSR) 289.40p +2.62%Kazakhmys (KAZ) 923.50p +2.61%FTSE 100 - FallersG4S (GFS) 249.90p -11.48%Tesco (TSCO) 408.50p -0.12%GlaxoSmithKline (GSK) 1,378.00p 0.00%Morrison (Wm) Supermarkets (MRW) 304.80p +0.03%Sainsbury (J) (SBRY) 298.80p +0.03%SSE (SSE) 1,353.00p +0.07%Shire Plc (SHP) 2,065.00p +0.15%AstraZeneca (AZN) 3,007.50p +0.17%Imperial Tobacco Group (IMT) 2,213.00p +0.18%Next (NXT) 2,615.00p +0.19%FTSE 250 - RisersPremier Foods (PFD) 4.80p +6.67%Aquarius Platinum Ltd. (AQP) 204.70p +4.12%SIG (SHI) 99.95p +4.06%Petropavlovsk (POG) 707.00p +3.89%Thomas Cook Group (TCG) 51.15p +3.79%Soco International (SIA) 346.20p +3.71%Afren (AFR) 93.85p +3.70%Ashtead Group (AHT) 157.70p +3.55%EnQuest (ENQ) 107.00p +3.38%Laird (LRD) 149.80p +3.31%FTSE 250 - FallersSports Direct International (SPD) 220.60p -4.09%UK Commercial Property Trust (UKCM) 76.35p -1.80%Big Yellow Group (BYG) 263.80p -1.68%F&C Asset Management (FCAM) 62.00p -1.27%African Barrick Gold (ABG) 538.50p -1.19%JD Wetherspoon (JDW) 418.20p -1.16%Dunelm Group (DNLM) 476.40p -1.08%Tullett Prebon (TLPR) 362.60p -1.06%Restaurant Group (RTN) 285.10p -0.83%St James's Place (STJ) 337.20p -0.77%
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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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23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

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