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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: 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
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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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