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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
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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: Risk appetite increases ahead of US jobs report

Fri, 08th Mar 2013 08:25

The FTSE 100 was firmly in positive territory on Friday morning ahead of the crucial US employment report due out this afternoon, with traders hoping that jobs figures could beat forecasts given the solid economic data seen as of late.The US jobs report, out at 13:30 London time, is expected to give an indication of how the world's largest economy is faring in 2013 following the disappointing growth in the fourth quarter of last year.The consensus forecast is for a 160,000 increase in non-farm payrolls in February, slightly ahead of the 157,000 gain the month before. However, the separate ADP report on Wednesday showed that 198,000 jobs were added in February, well ahead of the 170,000 gain expected, leading many to expect another strong figure today."Friday's payrolls report is key to gauging the US Federal Reserve's policy course as the Fed will keep its near-zero rate stance until the unemployment rate falls to 6.5%, as long as inflation does not threaten to top 2.5%," said Max Cohen, a Financial Sales Trader from Spreadex.Also providing some support to stocks early on was economic data from China, which sparked hopes that global demand may be recovering. China reported a 21.8% jump in exports in February, well above the 10.1% rise expected, following the strong figures the month before. Imports however missed forecasts, registering their largest drop in the last 13 months.Financial stocks up before dataShares in financial companies were making decent gains in early trading as risk appetite increased ahead of the US jobs report later on.Asset management firm Schroders was providing a lift on the FTSE 100 early on after UBS upgraded its rating for the stock from 'sell' to 'neutral' and lifted its target price from 1,700p to 2,050p following yesterday's full-year results. The broker upped its forecasts for 2013 and 2014, saying that most of the headwinds that it saw three to six months ago are "reducing materially".Banks were also performing well this morning in spite of reports that new accounting rules by the International Accounting Standards Board (IASB) could hit banks with billions of pounds in new losses. The IASB is expected to ask lenders to record losses far earlier in an attempt to make the financial system less prone to a crisis. Nevertheless, HSBC, Barclays and Standard Chartered were trading in the blue in the opening hour. Insurance giant Aviva was rebounding, albeit only slightly, after plummeting on Thursday. Shares sunk yesterday as the company slashed its dividend for 2012 after swinging into the red as it took a £3.3bn write-down on a disposal in the US. Meanwhile, telecoms group Vodafone was higher today after its New Zealand arm won a 10-year communications deal with the police, providing them will customised mobile services and smartphones.Utilities group Centrica was among the fallers after JPMorgan Cazenove downgraded the shares from 'overweight' to 'neutral'. While the stock remains one of the broker's top picks in the sector, it said that it is lowering its recommendation "given the shares' rerating over the last year".FTSE 100 - RisersEvraz (EVR) 261.00p +3.04%Schroders (SDR) 2,125.00p +1.87%HSBC Holdings (HSBA) 730.60p +1.73%Standard Chartered (STAN) 1,814.00p +1.68%Lloyds Banking Group (LLOY) 50.68p +1.64%Vodafone Group (VOD) 181.10p +1.40%Barclays (BARC) 312.95p +1.11%Xstrata (XTA) 1,162.00p +1.09%Standard Life (SL.) 376.90p +1.05%Eurasian Natural Resources Corp. (ENRC) 347.90p +0.96%FTSE 100 - FallersShire Plc (SHP) 2,048.00p -1.54%Randgold Resources Ltd. (RRS) 5,435.00p -1.45%Tate & Lyle (TATE) 821.50p -1.26%Aggreko (AGK) 1,921.00p -0.93%Marks & Spencer Group (MKS) 363.50p -0.74%Centrica (CNA) 353.60p -0.67%Sage Group (SGE) 350.20p -0.54%Reckitt Benckiser Group (RB.) 4,595.00p -0.45%Diageo (DGE) 1,992.00p -0.42%Next (NXT) 4,177.00p -0.38%FTSE 250 - RisersNew World Resources A Shares (NWR) 251.40p +4.32%Halma (HLMA) 513.50p +3.20%Hunting (HTG) 931.00p +2.82%Inmarsat (ISAT) 662.50p +2.71%SIG (SHI) 149.20p +2.54%Henderson Group (HGG) 167.30p +2.26%Investec (INVP) 507.50p +2.17%Stobart Group Ltd. (STOB) 87.00p +2.11%Kier Group (KIE) 1,309.00p +2.03%Cairn Energy (CNE) 292.00p +1.99%FTSE 250 - FallersAfrican Barrick Gold (ABG) 233.30p -1.97%Big Yellow Group (BYG) 381.40p -1.24%Menzies(John) (MNZS) 766.50p -1.10%St. Modwen Properties (SMP) 247.30p -1.08%Rightmove (RMV) 1,774.00p -1.00%Vesuvius (VSVS) 392.10p -0.81%BlackRock World Mining Trust (BRWM) 559.00p -0.80%Alent (ALNT) 388.90p -0.79%Atkins (WS) (ATK) 885.50p -0.78%Wetherspoon (J.D.) (JDW) 512.50p -0.77%BC
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4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

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3 May 2024 17:04

Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and systematic trading strategies have grown so much that those trading on company fundamentals might be hurt.

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2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Caledonia Mining Corp PLCAGM
CPPGroup PLCAGM
Just Group PLCAGM
Macfarlane Group PLC AGM
Plus500 LtdAGM
Supernova Digital Assets PLCAGM
Wednesday 8 May 
Airea PLCAGM
Antofagasta PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Deltex Medical Group PLCAGM
Direct Line Insurance Group PLCAGM
Fidelity European Trust PLCAGM
Haleon PLCAGM
Jardine Matheson PLCAGM
JZ Capital Partners LtdEGM re investing in a secondary fund
Oscillate PLCAGM
Pershing Square Holdings LtdAGM
Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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1 May 2024 14:50

Barclays to cut jobs in investment banking - reports

(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.

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30 Apr 2024 20:30

GM in talks with Barclays to replace Goldman Sachs in credit card partnership -source

NEW YORK April 29 (Reuters) -

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29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

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

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26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

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26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

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26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

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

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25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

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25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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25 Apr 2024 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.

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25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

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25 Apr 2024 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.

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