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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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10 Jan 2024 13:00

Global activist investors pressed companies to sell or spin in 2023 as M&A dropped off

NEW YORK, Jan 10(Reuters) - "Sell" or "split" was the favorite word for activist investors across the world last year when their demands for companies to pursue some form of mergers and acquisition-related activity hit a new record and appeared in roughly half of their 2023 campaigns even as M&A activity dropped off, according to new data from Barclays.

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9 Jan 2024 07:44

LONDON BRIEFING: B&M to declare special payout; strong start for Unite

(Alliance News) - Stocks in London are tipped for a solid start on Tuesday, following a strong performance on Wall Street and in Asian markets.

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5 Jan 2024 09:50

IN BRIEF: Prudential to buy back 4 million shares to offset awards

Prudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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15 Dec 2023 18:12

Britain's Metro Bank decides not to sell mortgage book

LONDON, Dec 15 (Reuters) - Britain's Metro Bank said on Friday it had abandoned its planned sale of a 3 billion pound ($3.8 billion) mortgage portfolio, citing market conditions.

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14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

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14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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7 Dec 2023 16:55

Director dealings: Barclays chair invests, York Holdings settles LSEG call options

(Sharecast News) - Nigel Higgins, the group chairman of Barclays, was on the buying side of the ledger on Thursday.

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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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