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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: 204.85
Bid: 204.75
Ask: 204.80
Change: -3.20 (-1.54%)
Spread: 0.05 (0.024%)
Open: 208.05
High: 208.90
Low: 202.90
Prev. Close: 208.05
BARC Live PriceLast checked at -

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London open: Stocks fall on growth concerns again

Wed, 10th Oct 2012 08:45

- Growth concerns take down stocks again- Alcoa trims demand forecast- Banks could need to shrink assets, says IMFThe FTSE 100 was heading for its third consecutive day in the red, starting Wednesday's session on the back foot with global growth concerns continuing to weigh on sentiment.Trader Simon Furlong said this morning that today looks like "another down day for the markets unless some positive news flow is received".Stocks slipped yesterday after the International Monetary Fund (IMF) cut its global growth forecasts for this year and the next. On Monday, the World Bank lowered its growth estimates for East Asia, warning of a deceleration in the Chinese economy.Meanwhile, US aluminium giant Alcoa kicked off third-quarter earnings season last night after the closing bell on Wall Street. While the firm beat earnings and sales forecasts, the company cut its full-year aluminium demand growth forecast from 7% to 6%, saying that a slowdown in China "slightly impacts the second-half outlook".Risks to global financial stability have increased and financial markets have been volatile as European policymakers grapple with the ongoing crisis, the IMF said in its latest assessment of the global financial sector. The Fund notes that failing to deal with the current issues could end up forcing Eurozone banks into an asset shrinkage of anywhere from $2.8tn to $4.5tn by the end of next year. Ex-div stocks take a hitSmith & Nephew, Kingfisher and Wolseley were among the falls early on after going ex-dividend. From today, investors will not be able to get hold of their latest dividend payments. Banking groups were in demand in the opening hour with Lloyds, RBS and Barclays making gains. RBS has agreed to sell two building in Frankfurt and Berlin to Axa Investment Managers, the largest German commercial real estate transaction this year, according to reports.Outsourcing group Capita was a heavy faller after both RBC Capital Markets and Panmure Gordon downgraded their ratings for the stock. Panmure said that the Capita's premium rating "is at odds with concerns over the quality of future earnings, above average financial leverage and on-going reliance on M&A."Drinks giant SABMiller edged higher after expanding its African beer brand, Chibuku, into ten countries across the continent.On the FTSE 250, N Brown, the internet and catalogue home shopping firm, was a heavy faller after Panmure Gordon downgraded its recommendation to 'hold' ahead of the group's interim results next week. "We move to a 'hold' rating from 'buy', following sector outperformance and consequent multiple expansion towards our target multiple on the back of the July trading statement," the broker said.FTSE 100 - RisersLloyds Banking Group (LLOY) 38.33p +3.57%Royal Bank of Scotland Group (RBS) 263.10p +2.25%Anglo American (AAL) 1,840.50p +1.49%Evraz (EVR) 250.40p +1.21%Barclays (BARC) 224.00p +1.11%Kazakhmys (KAZ) 736.00p +0.96%InterContinental Hotels Group (IHG) 1,657.00p +0.91%BT Group (BT.A) 223.50p +0.81%Rio Tinto (RIO) 3,053.00p +0.76%Eurasian Natural Resources Corp. (ENRC) 328.20p +0.71%FTSE 100 - FallersSmith & Nephew (SN.) 654.00p -2.75%Aggreko (AGK) 2,198.00p -1.88%WPP (WPP) 857.50p -1.61%Wolseley (WOS) 2,644.00p -1.60%Capita (CPI) 730.00p -1.35%Tesco (TSCO) 310.65p -1.21%Rexam (REX) 448.10p -1.21%Kingfisher (KGF) 268.00p -1.18%Marks & Spencer Group (MKS) 377.00p -1.13%Compass Group (CPG) 684.00p -1.08%FTSE 250 - RisersMan Group (EMG) 95.05p +5.67%Ruspetro (RPO) 104.40p +2.15%Bumi (BUMI) 169.50p +2.05%Fidessa Group (FDSA) 1,377.00p +2.00%Lonmin (LMI) 516.00p +1.98%Petropavlovsk (POG) 442.40p +1.70%Stobart Group Ltd. (STOB) 115.00p +1.68%Lancashire Holdings (LRE) 843.00p +1.63%Bank of Georgia Holdings (BGEO) 1,173.00p +1.21%Ted Baker (TED) 920.00p +1.10%FTSE 250 - FallersCOLT Group SA (COLT) 116.70p -2.59%Brown (N.) Group (BWNG) 271.80p -2.51%Senior (SNR) 196.10p -2.44%JD Sports Fashion (JD.) 757.00p -2.13%Micro Focus International (MCRO) 572.00p -1.89%Heritage Oil (HOIL) 187.00p -1.84%Balfour Beatty (BBY) 301.60p -1.76%Cranswick (CWK) 720.00p -1.71%Sports Direct International (SPD) 392.20p -1.58%Oxford Instruments (OXIG) 1,351.00p -1.53%BC
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Sainsbury's to gradually withdraw from banking

LONDON, Jan 18 (Reuters) - British supermarket Sainsbury's said on Thursday it would wind down its banking business and instead offer financial products through third parties, as part of a strategy to focus on its core retail operations.

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17 Jan 2024 18:39

Bank CEOs, huddled in private in Davos, worry about competition, economy - sources

DAVOS, Jan 17 (Reuters) - Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said.

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16 Jan 2024 12:51

Ex-Barclays duo agree Panmure and Liberum investment bank merger

Jan 16 (Reuters) - Former Barclays veterans Bob Diamond and Rich Ricci have agreed an all-share merger of Panmure Gordon and UK rival Liberum, the firms said on Tuesday, creating Britain's largest independent investment bank amid an extended dealmaking slump.

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16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

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16 Jan 2024 08:21

TOP NEWS: Panmure Gordon and Liberum merge to "reinvigorate" UK market

(Alliance News) - City brokers Panmure Gordon and Liberum on Tuesday said they have agreed an all-share merger that will create the "UK's largest independent investment bank" with over 250 quoted corporate clients.

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15 Jan 2024 06:01

London finance job vacancies slumped nearly 40% in 2023, recruiter says

LONDON, Jan 15 (Reuters) - Job opportunities in London's financial sector plummeted nearly 40% last year, recruiter Morgan McKinley said on Monday, as market turbulence and high inflation led employers to tighten their belts on costs.

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

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11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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10 Jan 2024 17:07

European shares end lower, with miners and travel stocks leading losses

Norway's Dec core inflation lower than expected

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10 Jan 2024 13:00

Global activist investors pressed companies to sell or spin in 2023 as M&A dropped off

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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9 Jan 2024 07:44

LONDON BRIEFING: B&M to declare special payout; strong start for Unite

(Alliance News) - Stocks in London are tipped for a solid start on Tuesday, following a strong performance on Wall Street and in Asian markets.

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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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