We would love to hear your thoughts about our site and services, please take our survey 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: 204.90
Bid: 204.85
Ask: 204.95
Change: 13.76 (7.20%)
Spread: 0.10 (0.049%)
Open: 195.96
High: 205.45
Low: 194.00
Prev. Close: 191.14
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: Miners, financials lead stocks higher early on

Wed, 06th Jun 2012 08:21

- Eyes on ECB rate decision- Upside surprise in Australian GDP- Miners, financials gain early onAfter a four-day weekend for the Queen's Diamond Jubilee, the FTSE 100 jumped in early trading on Wednesday morning ahead of an interest rate decision in Europe. News that Australia's economy expanded at a faster-than-expected rate in the first quarter also helped lift sentiment.While the European Central Bank (ECB) is generally expected to leave its benchmark interest rate at 1% in a statement expected after midday, some are predicting a 25-50 basis point cut as the sovereign debt crisis shows no sign of abating.Australian gross domestic product (GDP) rose by 1.3% during the first three months of the year, well ahead of the 0.6% growth expected by analysts. The Reserve Bank of Australia yesterday slashed its interest rate to 3.5%, the lowest level since 2009. "With modest domestic growth and a weaker and more uncertain international environment, the outlook for inflation afforded scope for a more accommodative stance of monetary policy," said RBA Governor Glenn Stevens.FTSE 100: Miners advance on Australian GDPCommodities prices gained early on after the Australian GDP data and ahead of the ECB decision, meaning that mining stocks were among the best performers in London. Fresnillo, Randgold, Anglo American and Kazakhmys surged in the opening hour.Financials were also in demand with Man Group, Barclays, Lloyds and HSBC registering impressive performances. Barclays announced this morning that its subsidiary Absa Bank has agreed to buy the accounts and receivables relating to the private label store cards of Edcon Proprietary in South Africa for around £0.8bn. Lloyds revealed that it is to sell a portfolio of Australian real estate loans for £388m. Meanwhile, HSBC said that the merger of its Omani operations with Oman International Bank has been approved and completed.Telecoms giant Vodafone dropped after confirming that it is talking with Australian peer Telstra about buying its New Zealand subsidiary, TelstraClear. According to the Financial Times, the deal could be worth around A$300-400m, or £191-255m. FTSE 250: Premier Oil, Essar rise after updatesEnergy firm Premier Oil rose after seeing an encouraging drilling result on the Carnaby exploration well 28/09-5A in the Central North Sea Block 28/9.India-focused integrated energy company Essar Energy was also higher after completing its optimisation project at its Vadinar refinery four months ahead of schedule.Elsewhere, AIM-listed oil and gas peers Range Resources and Red Emperor Resources made decent gains early on after their jointly-owned Shabeel North well in Puntland, Somalia, has been spudded.FTSE 100 - RisersMan Group (EMG) 80.70p +6.89%Barclays (BARC) 182.30p +5.07%Randgold Resources Ltd. (RRS) 5,825.00p +4.86%Lloyds Banking Group (LLOY) 26.95p +4.78%Fresnillo (FRES) 1,435.00p +4.67%Royal Bank of Scotland Group (RBS) 208.80p +4.45%Anglo American (AAL) 2,034.00p +4.01%Ashmore Group (ASHM) 337.40p +3.12%Schroders (SDR) 1,216.00p +3.05%Vedanta Resources (VED) 909.50p +2.94%FTSE 100 - FallersVodafone Group (VOD) 167.20p -3.71%Carnival (CCL) 2,035.00p -1.31%WPP (WPP) 735.00p -1.14%Kingfisher (KGF) 269.10p -0.66%Tate & Lyle (TATE) 650.00p -0.54%Severn Trent (SVT) 1,751.00p -0.51%InterContinental Hotels Group (IHG) 1,476.00p -0.40%National Grid (NG.) 647.50p -0.38%British Sky Broadcasting Group (BSY) 674.00p -0.37%Morrison (Wm) Supermarkets (MRW) 275.50p -0.29%FTSE 250 - RisersNew World Resources A Shares (NWR) 295.00p +9.67%Petropavlovsk (POG) 420.00p +8.22%African Barrick Gold (ABG) 368.30p +5.41%Talvivaara Mining Company (TALV) 135.70p +5.19%Ferrexpo (FXPO) 197.50p +5.17%Moneysupermarket.com Group (MONY) 121.90p +5.09%International Personal Finance (IPF) 227.80p +3.78%Taylor Wimpey (TW.) 41.80p +3.77%Centamin (DI) (CEY) 67.60p +3.76%Premier Oil (PMO) 341.20p +3.71%FTSE 250 - FallersLogica (LOG) 107.70p -2.09%Home Retail Group (HOME) 72.15p -1.84%Bumi (BUMI) 324.00p -1.82%Booker Group (BOK) 84.80p -1.40%Euromoney Institutional Investor (ERM) 770.50p -1.22%Bodycote (BOY) 352.70p -1.12%Daejan Holdings (DJAN) 2,760.00p -1.00%Exillon Energy (EXI) 94.85p -0.99%Debenhams (DEB) 75.40p -0.53%Grainger (GRI) 84.55p -0.53%BC
More News
Today 11:00

Where are Wall Street's analyst notes on Trump's Truth Social?

NEW YORK, April 25 (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

Read more
Today 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

*

Read more
Today 08:36

TOP NEWS: Barclays first quarter profit falls but beats expectations

(Alliance News) - Barclays PLC on Thursday reported a fall in first quarter profits as a weak investment banking performance hindered performance.

Read more
Today 07:56

REPEAT: Miner Anglo American reviews takeover bid from rival BHP

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
Today 07:43

LONDON BRIEFING: Miner Anglo American eyes rival BHP takeover

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
Today 07:01

Barclays Q1 profits fall 12%

(Sharecast News) - Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.

Read more
24 Apr 2024 22:47

Microsoft-backed Rubrik prices IPO above range at $32 per share, source says

NEW YORK, April 24 (Reuters) - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its indicated price range, according to a person familiar with the matter.

Read more
24 Apr 2024 19:38

Barclays takes EUR260 million loss from Italian mortgage book sale

(Alliance News) - Barclays PLC on Wednesday said it would book a EUR260 million pretax loss after agreeing the disposal of its Italian mortgage portfolio.

Read more
24 Apr 2024 11:57

Thursday preview: US Q1 GDP, Barclays in focus

(Sharecast News) - Investors' attention on Thursday will be on a first reading for U.S. gross domestic product growth during the first quarter.

Read more
23 Apr 2024 13:26

Gazprom subsidiary ordered to stop Russian lawsuit against UniCredit

LONDON, April 23 (Reuters) - A subsidiary of Russia's Gazprom was on Tuesday ordered by the UK's Supreme Court to stop suing Italian bank UniCredit in Russia over an aborted gas project.

Read more
23 Apr 2024 08:26

Britain's FTSE 100 blue-chip stock index hits record high

LONDON, April 23 (Reuters) - Britain's blue-chip FTSE 100 index hit a record high on Tuesday, following last week's sharp selloff, as fears of the Middle East crisis escalating eased and investors looked ahead to top U.S. earnings later in the week.

Read more
23 Apr 2024 07:59

Citi remains 'overweight' UK banks; HSBC and Barclays 'top picks'

(Sharecast News) - Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC and Barclays its top picks, but Standard Chartered its least preferred.

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

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.