Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 213.50
Bid: 213.45
Ask: 213.55
Change: -1.50 (-0.70%)
Spread: 0.10 (0.047%)
Open: 212.55
High: 213.90
Low: 210.75
Prev. Close: 215.00
BARC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London open: Central bank hopes drive gains early on

Mon, 30th Jul 2012 08:26

- Leaders have 'no time to lose', says Juncker- Markets await ECB decision on Thursday- QE3 hopes drive gainsUK stocks rose in early trading on Monday on the back of hopes that the European Central Bank (ECB) will act this week to stem the Eurozone crisis.Eurogroup head Jean-Claude Juncker said in newspaper interviews this weekend that policy-makers have "no time to lose" to decide on measures to deal with escalated bond yields in peripheral Eurozone nations like Spain."The euro countries have reached a point where we have to use all means possible to show that we are determined to protect the stability of the euro zone... nobody should doubt the will of those involved, to prove our determination," Juncker said.This follows remarks from ECB President Mario Draghi on Thursday, who said that the ECB would do "whatever it takes to preserve the euro...and believe me, it will be big enough". Meanwhile, markets are also hoping that the Federal Reserve will implement more quantitative easing (QE) in the upcoming months, which has added to the increase in risk attitude. "There has been a lot of speculation that the Fed will announce QE3 in the US. Recent data has shown job creation falling, unemployment rising, manufacturing slowing and finally GDP drop to 1.5% in the second quarter," said analyst Craig Erlam from Alpari.FTSE 100: Financials provide a lift early onFinancial peers Aviva, Barclays, Schroders, RBS and Legal & General were among the best performers in the opening hour as risk appetite increased. Barclays wasn't being helped by a ratings upgrade to 'buy' by Societe Generale.Cillit Bang maker Reckitt Benckiser fell after reported revenues fell 1% in the second quarter. Nevertheless, net revenue in the first half of the year was £4,669m, up 1% year-on-year using actual exchange rates and up 4% on a constant exchange rates (CER) basis. Electricity and gas provider National Grid edged higher after saying it achieved a "solid operational and financial performance" in its first quarter and is keeping its positive outlook for the full year unchanged.Mining group Anglo American dropped after both Deutsche Bank and Credit Suisse reduced their target prices on the stock.FTSE 250: Fidessa leads the fallers after disappointing first halfTrading systems developer Fidessa dropped after top line growth was below forecasts in the first half, as falling sales in Europe dampened revenues at the group level. Revenues rose 3% during the six months to June 30th from £137m to £141.3m, short of Peel Hunt's £144m estimate. Defence-focused technology firm Ultra Electronics fell despite saying that sales to UK and US nuclear submarine programmes helped boost profits in the first half. Underlying pre-tax profit rose 5% to £54.5m, pushing earnings per share up 6% to 58.1p.Specialised technical products and services provider Diploma was out of favour after saying that underlying revenue growth was just 5% against a strong prior-year comparative.FTSE 100 - RisersAmec (AMEC) 1,124.00p +2.27%Weir Group (WEIR) 1,693.00p +2.05%Legal & General Group (LGEN) 129.20p +1.65%Ashmore Group (ASHM) 329.10p +1.54%Carnival (CCL) 2,166.00p +1.50%Schroders (SDR) 1,306.00p +1.48%Aviva (AV.) 290.20p +1.33%Evraz (EVR) 231.50p +1.31%Meggitt (MGGT) 392.30p +1.29%International Consolidated Airlines Group SA (CDI) (IAG) 153.00p +1.26%FTSE 100 - FallersPearson (PSON) 1,207.00p -1.87%Reckitt Benckiser Group (RB.) 3,484.00p -1.64%Anglo American (AAL) 1,865.50p -1.50%Reed Elsevier (REL) 544.50p -0.73%Tesco (TSCO) 319.85p -0.36%Imperial Tobacco Group (IMT) 2,460.00p -0.32%Unilever (ULVR) 2,254.00p -0.27%CRH (CRH) 1,202.00p -0.17%Tate & Lyle (TATE) 655.00p -0.15%Randgold Resources Ltd. (RRS) 5,745.00p -0.09%FTSE 250 - RisersDevro (DVO) 293.20p +5.47%Stagecoach Group (SGC) 292.80p +3.50%Stobart Group Ltd. (STOB) 120.90p +3.33%BlackRock World Mining Trust (BRWM) 552.00p +2.60%FirstGroup (FGP) 226.20p +2.58%Rank Group (RNK) 121.40p +2.36%Cairn Energy (CNE) 280.90p +2.15%Phoenix Group Holdings (DI) (PHNX) 498.10p +2.15%Carpetright (CPR) 623.00p +2.13%Savills (SVS) 379.80p +1.88%FTSE 250 - FallersFidessa Group (FDSA) 1,390.00p -7.33%Diploma (DPLM) 432.00p -3.14%Kentz Corporation Ltd. (KENZ) 379.90p -2.59%PayPoint (PAY) 713.50p -1.99%Aquarius Platinum Ltd. (AQP) 39.30p -1.75%Ladbrokes (LAD) 159.80p -1.66%Tullett Prebon (TLPR) 255.80p -1.65%COLT Group SA (COLT) 115.40p -1.45%Travis Perkins (TPK) 998.00p -1.38%Talvivaara Mining Company (TALV) 140.40p -1.13%BC
More News
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

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

Read more
26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

Read more
24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.