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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

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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
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Prev. Close: 202.35
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London open: Stocks fall as markets await Carney's forward guidance

Wed, 07th Aug 2013 08:31

Markets opened with moderate losses on Wednesday morning as investors turned nervous ahead of the Bank of England's inflation report, the first under the governorship of Mark Carney. The heavyweight mining sector was again providing a drag on the FTSE 100 as metals prices fell, while a number of blue chips were heading lower after going ex-dividend, pushing London's benchmark index into the red for the fourth straight day.Carney, who took over from Mervyn King in early July, is expected to unveil forward guidance later this morning in an attempt to convince consumers, small businesses and international money markets that only when the upturn is established will borrowing costs rise.The move is thought to encourage borrowing and less saving amongst businesses and consumers, thus giving a boost to the economy."It is widely anticipated that new governor Mark Carney will look to pledge to keep interest rates low for a set period of time, in a form of monetary forward guidance, and he could even set a monetary threshold, like the unemployment rate as a benchmark, or a growth target, for when we can expect them to go higher again," said Senior Market Analyst Michael Hewson from CMC Markets."The problem is that given the recent improvement in economic data, questions are now being raised as to whether we need forward guidance at all, as it could be counterproductive." Sentiment has also been dampened by losses on Wall Street overnight, as a worries about the Federal Reserve tapering asset purchases sent US stocks lower following comments from a number of officials that a phased withdrawal could be just around the corner.FTSE 100: Miners extend losses, Randgold disappointsAfter some heavy falls on Tuesday, miners were once again in negative territory as metals prices continued to weaken. Randgold firmly lower after a 17% drop in the average gold price during the second quarter reduced profit by 34% from the first three months of the year. Sector peers Fresnillo, Glencore Xstrata, Rio Tinto, Antofagasta and BHP Billiton were also lower.A number of heavyweight stocks were also weighing on the Footsie today after going ex-dividend, meaning that from today new investors won't be able to get their hands on the firms' latest payouts. Ex-div stocks today include Barclays, BG Group, BT Group, GlaxoSmithKline, Reckitt Benckiser, Reed Elsevier and Unilever.Investors gave a cool reaction to third-quarter figures from TUI Travel despite the tour operator reiterating full-year guidance after an 18% jump in underlying operating profits.Savings, investment and insurance giant Old Mutual was heading the other way after half-year profits increased due to a rise in funds under management and client cash flows.Defensive stocks were also making small gains this morning, benefitting from a reduction in risk appetite, with pharmaceuticals Shire and AstraZeneca in demand, along with utilities firms Centrica and SSE.FTSE 250: United Drug slumps despite upbeat outlookUnited Drug, the provider of services to healthcare manufacturers and pharmacies, was trading firmly lower this morning despite saying that trading in the third quarter has been "strong". The company reiterated its guidance for 5-8% growth in adjusted diluted earnings per share this year.A number of stocks on the FTSE 250 also went ex-dividend today, including Dialight, Domino's Pizza, Greene King, Hiscox, Jupiter, Pennon, RPC, Synergy Health, Spirent Communications and St Modwen Properties.FTSE 100 - RisersOld Mutual (OML) 202.70p +5.30%Standard Chartered (STAN) 1,581.50p +0.89%Centrica (CNA) 393.50p +0.51%Shire Plc (SHP) 2,403.00p +0.46%SSE (SSE) 1,583.00p +0.38%Kingfisher (KGF) 398.90p +0.25%AstraZeneca (AZN) 3,277.00p +0.15%Vedanta Resources (VED) 1,171.00p +0.09%Prudential (PRU) 1,194.00p +0.08%Royal Bank of Scotland Group (RBS) 317.90p +0.06%FTSE 100 - FallersTUI Travel (TT.) 381.20p -5.06%Randgold Resources Ltd. (RRS) 4,297.00p -2.96%BT Group (BT.A) 332.20p -1.89%Rio Tinto (RIO) 2,948.00p -1.72%Reckitt Benckiser Group (RB.) 4,644.00p -1.61%Reed Elsevier (REL) 830.50p -1.60%Unilever (ULVR) 2,639.00p -1.46%ARM Holdings (ARM) 876.50p -1.13%Whitbread (WTB) 3,267.00p -1.09%BP (BP.) 449.90p -0.98%FTSE 250 - RisersFerrexpo (FXPO) 173.20p +6.00%Centamin (DI) (CEY) 36.01p +2.77%esure Group (ESUR) 251.00p +2.03%Millennium & Copthorne Hotels (MLC) 563.50p +1.62%Menzies(John) (MNZS) 764.00p +1.60%Grainger (GRI) 185.70p +1.59%Regus (RGU) 188.20p +1.13%Evraz (EVR) 94.00p +1.08%African Barrick Gold (ABG) 112.80p +1.08%COLT Group SA (COLT) 102.40p +0.99%FTSE 250 - FallersUnited Drug (UDG) 340.10p -4.97%Greene King (GNK) 864.50p -3.68%Pennon Group (PNN) 676.00p -3.15%Lancashire Holdings (LRE) 782.00p -2.92%RPC Group (RPC) 460.30p -2.27%Hansteen Holdings (HSTN) 94.50p -2.07%QinetiQ Group (QQ.) 182.10p -1.94%Balfour Beatty (BBY) 242.80p -1.90%Kazakhmys (KAZ) 242.30p -1.90%Domino's Pizza Group (DOM) 561.50p -1.75%BC
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NEW YORK, Jan 10(Reuters) - "Sell" or "split" was the favorite word for activist investors across the world last year when their demands for companies to pursue some form of mergers and acquisition-related activity hit a new record and appeared in roughly half of their 2023 campaigns even as M&A activity dropped off, according to new data from Barclays.

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5 Jan 2024 09:50

IN BRIEF: Prudential to buy back 4 million shares to offset awards

Prudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

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20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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15 Dec 2023 18:12

Britain's Metro Bank decides not to sell mortgage book

LONDON, Dec 15 (Reuters) - Britain's Metro Bank said on Friday it had abandoned its planned sale of a 3 billion pound ($3.8 billion) mortgage portfolio, citing market conditions.

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14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

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14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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7 Dec 2023 16:55

Director dealings: Barclays chair invests, York Holdings settles LSEG call options

(Sharecast News) - Nigel Higgins, the group chairman of Barclays, was on the buying side of the ledger on Thursday.

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