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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: 0.00 (0.00%)
Spread: 0.10 (0.049%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 202.35
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London open: Footsie rises despite banking weakness

Mon, 16th Apr 2012 08:33

- Spanish 10-year bond yield above six per cent- Banks under pressure, Moody's delays ratings decision- Int'l Power rises strongly after GDF SUEZ bidLondon's blue chip index opened moderately higher despite a fall in the banking sector. International Power was leading the risers after receiving a sweetened bid from GDF SUEZ.Likely to be the focus of attention today are bond yields in the Eurozone with the borrowing rate on Spanish 10-year debt jumped 13 basis points to 6.07%. The euro fell to below $1.30 for the first time in two months.Wolfgang Münchau, the Eurointelligence President and Financial Times associate editor, has said that Spain's current insistence on extreme austerity measures will inevitably lead to its exit from the Eurozone. For Münchau there are only two possible outcomes to the crisis: either Spain withdraws from the euro or Eurozone members create a backstop for their financial sector. "If the Spanish government pursues the strategy it has announced to the bitter end, the first outcome will become vastly more probable," he said. In domestic news, Rightmove data has shown that house prices in England and Wales rose by 2.9% month-on-month in April to reach an all-time high of £243,737. This is beat a previous record set in May 2008 by 0.5% and is the largest April increase since 2007.Moody's Investors Service has said that it will delay its publication of a review into European banks until next month. It is "taking an appropriately deliberate approach during this review process and will conclude when it is confident that all relevant information has been received and analysed," the ratings agency said in a statement. The Wall Street Journal has said that 114 banks in 16 European countries are at risk of a downgrade. FTSE 100: Banks unwanted, Int'l Power jumpsBanking giants Lloyds Banking Group, Royal Bank of Scotland and Barclays were providing a downward pressure on the FTSE 100 in early trading with investors eyeing the Moody's review. Other financials including Man Group, Old Mutual, ICAP, Hargreaves Lansdown and Ashmore were also out of favour.Leading the upside was utilities firm International Power after French shareholder GDF SUEZ raised its bid from 390p to 418p per share.Miners were also making gains with Rio Tinto, Vedanta Resources and Glencore among the highest risers in the opening hour. Gold miner Polymetal and EVRAZ were bucking the trend though after their first-quarter updates.AMEC, the engineering consultant focused on the resources industry, after saying it is on track to deliver double-digit percentage underlying revenue growth in 2012, despite the continued macro economic uncertainty.FTSE 250: Cairn, Gem provide a liftOil and gas group Cairn Energy was a higher riser after saying that Agora Oil and Gas, a firm it is set to buy, has struck oil at its Skarfjell Prospect in the Norwegian North Sea.Gem Diamonds has seen the value of sales from its biggest mine fall in the first three months of the year but production has risen. Shares were up 2%.Sports media group Perform Group was among the worst performers after saying that it has agreed a partnership to integrate its livesport.tv platform, a network of online sports channels, into the so-called 'smart' TV product line of South Korean firm LG.FTSE 100 - RisersInternational Power (IPR) 417.10p +3.27%Vedanta Resources (VED) 1,205.00p +1.60%Rio Tinto (RIO) 3,499.00p +1.54%ARM Holdings (ARM) 597.50p +1.53%Tullow Oil (TLW) 1,464.00p +1.46%BP (BP.) 447.65p +1.31%Diageo (DGE) 1,539.00p +1.28%Kazakhmys (KAZ) 891.00p +1.25%Antofagasta (ANTO) 1,138.00p +1.25%BG Group (BG.) 1,403.00p +1.19%FTSE 100 - FallersLloyds Banking Group (LLOY) 30.06p -2.26%International Consolidated Airlines Group SA (CDI) (IAG) 172.00p -1.77%Man Group (EMG) 108.30p -1.55%Barclays (BARC) 211.60p -1.54%Royal Bank of Scotland Group (RBS) 24.70p -1.40%Hammerson (HMSO) 404.20p -0.93%ICAP (IAP) 369.20p -0.86%Aviva (AV.) 303.40p -0.75%Sage Group (SGE) 285.60p -0.73%Old Mutual (OML) 153.50p -0.65%FTSE 250 - RisersCairn Energy (CNE) 331.90p +3.72%Kenmare Resources (KMR) 51.20p +2.81%Cable & Wireless Worldwide (CW.) 38.15p +2.55%Premier Farnell (PFL) 210.70p +2.08%Kentz Corporation Ltd. (KENZ) 439.00p +2.05%Dunelm Group (DNLM) 512.00p +1.69%Gem Diamonds Ltd. (DI) (GEMD) 268.10p +1.67%Kier Group (KIE) 1,135.00p +1.61%Stagecoach Group (SGC) 247.40p +1.60%Afren (AFR) 134.40p +1.36%FTSE 250 - FallersElementis (ELM) 198.30p -3.17%Aquarius Platinum Ltd. (AQP) 132.50p -2.43%Centamin (DI) (CEY) 64.65p -2.42%Perform Group (PER) 299.20p -1.90%Exillon Energy (EXI) 124.70p -1.89%Carpetright (CPR) 612.50p -1.84%Persimmon (PSN) 628.50p -1.72%International Personal Finance (IPF) 250.50p -1.69%easyJet (EZJ) 472.90p -1.66%Ocado Group (OCDO) 109.30p -1.44%BC
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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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5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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5 Dec 2023 09:05

LONDON MARKET OPEN: FTSE 100 struggles after Moody's warning on China

(Alliance News) - London's FTSE 100 got off to a slow start on Tuesday, with miners falling amid fears for the Chinese economy, while Barclays shares fell after Bloomberg reported Qatar is trimming its stake in the lender.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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