The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 213.95
Bid: 213.90
Ask: 214.00
Change: 0.70 (0.33%)
Spread: 0.10 (0.047%)
Open: 213.30
High: 215.15
Low: 212.60
Prev. Close: 213.25
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: FTSE inches higher despite ECB concerns

Mon, 03rd Feb 2014 08:55

- Modest rise on FTSE- Lloyds dives on PPI bill update- Chinese and Aussie data disappoints- Focus to be on Eurozone manufacturingtechMARK 2,783.19 +0.30%FTSE 100 6,514.32 +0.06%FTSE 250 15,690.31 +0.10%The FTSE surprised with a positive start to today's session, inching marginally into positive territory early on, despite weak data out from China, a poor finish in both Asia and the US, on-going fears over emerging markets, as well as concerns over this week's interest rates decision by the European Central Bank (ECB). Friday's weaker-than-expected reading on Eurozone consumer price inflation prompted a number of the largest research outfits in Europe to change their predictions for the upcoming policy meeting, and as a consensus now see another cut in the ECB's main policy rate on the cards.Asia stock markets tracked a decline in the US, and were also hit by data from China, which revealed non-manufacturing PMI dropped to 53.4 in January. Turning to today's session, markets will see the release of the UK´s manufacturing PMI, with the same also due to be released from Spain, Italy and the US. Also in the States, data will be published on Construction Spending and ISM Manufacturing Prices.According to Craig Erlam, a Market Analst at Alpari UK, investors "could be in for another bad week" after Australian data also disappointed with a 2.9% decline in December building permit numbers. "With the central bank meeting tomorrow, this could further encourage policy makers to cut rates again in order to provide a further boost to the economy and devalue the currency to a level its more comfortable with," he said. "I don't think this panic will last, although I do expect repeats of this throughout the year as the Fed brings it asset purchase programme to a close. Given the size of the rally in stocks last year, I think part of this sell-off is being driven by investors using the emerging markets story as an excuse to allow for a correction in the markets." On the company front, Randgold Resources was a strong riser after it said it hit targets for 2013, boosted gold production to a new record level and expects output to rise over the next five years. Production for the quarter and year to December rose 20% and 15% respectively, in line with guidance.Shares in Lloyds were at the bottom of the pile after the group revealed its payment protection insurance (PPI) bill had soared by a further £1.8bn to nearly £10bn, and despite predicting its full-year underlying profits would be almost double that predicted by analysts. Sector peer Barclays was also a heavy faller. Rexam was higher after proposing the sale of the Pharmaceutical Devices and Prescription Retail Packaging divisions of its Healthcare business for $805m. The consumer packaging company said Montagu Private Equity has made a binding offer for the divisions. The transaction is subject to regulatory approval and is expected to be completed around mid-2104.BBA Aviation climbed after saying it sold APPH, a full-service landing gear and hydraulic sub-systems supplier, and announced it was considering a cash return to shareholders. The business, which had formed part of BBA's Aftermarket Services division, was sold for $128m, the $120.6m proceeds of which would be use to reduce the group's debt level. Medical technology company Smith & Nephew rose after it agreed to buy medical device company ArthroCare Corp. The group will pay $1.7bn, or $48.25 per ArthroCare share in cash, representing an enterprise value of $1.5bn.FTSE 100 - RisersWeir Group (WEIR) 2,149.00p +2.63%Reckitt Benckiser Group (RB.) 4,657.00p +2.06%Randgold Resources Ltd. (RRS) 4,272.00p +1.88%SSE (SSE) 1,328.00p +1.61%GlaxoSmithKline (GSK) 1,587.50p +1.50%Rexam (REX) 499.90p +1.40%Fresnillo (FRES) 780.00p +1.36%Smith & Nephew (SN.) 887.50p +1.31%Intertek Group (ITRK) 2,865.00p +1.17%Diageo (DGE) 1,821.50p +1.17%FTSE 100 - FallersLloyds Banking Group (LLOY) 81.16p -2.57%Barclays (BARC) 269.10p -1.25%Vodafone Group (VOD) 224.25p -1.02%Sports Direct International (SPD) 677.00p -1.02%ARM Holdings (ARM) 926.50p -0.91%TUI Travel (TT.) 422.10p -0.78%BP (BP.) 474.30p -0.77%Royal Mail (RMG) 594.00p -0.67%Kingfisher (KGF) 367.30p -0.62%Burberry Group (BRBY) 1,439.00p -0.62%FTSE 250 - RisersKenmare Resources (KMR) 18.59p +6.23%Grafton Group Units (GFTU) 611.00p +2.78%EnQuest (ENQ) 133.00p +2.70%Centamin (DI) (CEY) 45.20p +2.49%Ferrexpo (FXPO) 154.70p +1.78%SIG (SHI) 199.30p +1.58%RPC Group (RPC) 602.50p +1.26%Cobham (COB) 297.30p +1.23%Croda International (CRDA) 2,441.00p +1.20%BH Global Ltd. GBP Shares (BHGG) 1,200.00p +1.18%FTSE 250 - FallersPerform Group (PER) 234.70p -5.17%Rank Group (RNK) 135.50p -2.38%Essar Energy (ESSR) 56.50p -2.08%Serco Group (SRP) 430.60p -1.49%Petra Diamonds Ltd.(DI) (PDL) 136.00p -1.38%PayPoint (PAY) 1,086.00p -1.18%Telecom Plus (TEP) 1,881.00p -1.16%Cranswick (CWK) 1,307.00p -1.06%UDG Healthcare Public Limited Company (UDG) 352.10p -1.04%BH Macro Ltd. USD Shares (BHMU) 19.3 -1.03%NR
More News
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
24 Nov 2023 15:03

London close: Stocks mixed on quiet Friday

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

Read more
24 Nov 2023 11:42

LONDON MARKET MIDDAY: Stocks edge lower in quiet Thanksgiving trade

(Alliance News) - Stock prices in London were down midday on Friday, in a quiet day of trade as the Thanksgiving holiday saw global markets "hit the snooze button."

Read more
24 Nov 2023 09:20

PRESS: Barclays works on plan to cut 2,000 back office jobs - Reuters

(Alliance News) - Barclays PLC is working on restructuring plans that could involve cutting as many as 2,000 jobs to save GBP1 billion, Reuters reported on Thursday.

Read more
24 Nov 2023 08:41

Barclays looking to save up to £1bn; 2,000 jobs at risk - report

(Sharecast News) - Barclays is reportedly working on plans to save as much as £1bn, which could result in as many as 2,000 job losses, mainly in the bank's back office.

Read more
23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

Read more
21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

Read more
17 Nov 2023 15:18

Barclays exploring acquisition of Tesco Bank - report

(Sharecast News) - Barclays has reportedly been exploring a potential acquisition of Tesco's banking operations.

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.