Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video 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: 204.85
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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London open: Stocks rise ahead of GDP data

Wed, 25th Apr 2012 08:16

- Q1 GDP expected to be flat- ARM up on upgrades, Apple earnings- Ex-div stocks lead the downsideStocks rose moderately in early trade on Wednesday as the Footsie still attempts to recover from Monday's steep sell-off.The release of first-quarter gross domestic product (GDP) figures for the UK is due out on 09:30. Investec expects GDP to remain unchanged "with a possibility of a decline", while Barclays Capital predicts flat output following the 0.3% fall the quarter before. Consensus estimates are for a 0.1% increase. After GDP declined in the fourth quarter of 2011 a second negative quarter-on-quarter change would, by many economists' definitions, pitch the UK officially back into recession and no doubt deal a further blow to Prime Minister David Cameron's plummeting poll ratings. Meanwhile, the two-day meeting of Federal Reserve policymakers also comes to an end later tonight and while economists are broadly expecting the central bank to keep rates unchanged, the focus will be on the following press conference with Chairman Ben Bernanke for comments about the US economy.FTSE 100: ARM, financials lead the riseSmartphone chip designer ARM Holdings was the best performer in the opening hour after Natixis upgraded the stock from neutral to buy and Jefferies raised its recommendation from underperform to hold. Barclays Capital also reiterated its overweight rating this morning. A surge in earnings for Apple (a company which uses ARM technology) last night will also be providing upwards pressure on the shares today.Assets under administration (AUA) at life assurance leviathan Standard Life rose a bit more than the market had been expecting in the first quarter of 2012, causing shares to advance. Financial peers RBS, Lloyds and Barclays were also making gains.Capital Shopping Centres rose despite seeing a 2% year-on-year fall in footfall at its centres in the year-to-date.Diversified mining group Rio Tinto rose after receiving regulatory approvals for the development and operation of the Simandou iron ore project in Guinea.Leading the downside was Centrica, Reed Elsevier, Tesco and Rolls-Royce after going ex-dividend.Russian miner Polymetal was lower despite saying that it is on track to deliver one million ounces of gold equivalent production in 2012. Revenue in 2011 rose 43% to $1,326m helped by rising gold prices.FTSE 250: Updates impress early onOil and gas engineering firm Lamprell was a high riser after saying it was to build two further rigs for Abu Dhabi's National Drilling Company. The company already has four of the jackup rigs under construction for the Middle Eastern company. The latest deal will net Lamprell $166.65m, with delivery scheduled to be in the fourth quarter of 2014 and first quarter of 2015 respectively. Metals and alloys treatment firm Bodycote rose after it reported a good performance in the first quarter of 2012 and said it was on track to meet full-year forecasts. Sales at sportswear retailer Sports Direct exceeded management's expectations in February and March. Group total sales for the nine weeks ending March 25th 2012 were up 13.2% to £267.6m from £236.4m in the corresponding period of last year.Oil and gas firm Premier Oil was up after receiving approval of its field development plan for the Solan field in the UK Continental Shelf from the Department of Energy and Climate ChangeEvents, marketing and publishing group UBM was in demand as it maintained full-year guidance after a solid first quarter performance from its Events business offset weakness elsewhere. FTSE 100 - RisersARM Holdings (ARM) 548.00p +3.10%Vedanta Resources (VED) 1,203.00p +2.38%Royal Bank of Scotland Group (RBS) 23.73p +1.85%Standard Life (SL.) 228.10p +1.83%Barclays (BARC) 214.45p +1.64%IMI (IMI) 995.50p +1.63%Lloyds Banking Group (LLOY) 30.83p +1.58%Tullow Oil (TLW) 1,503.00p +1.42%ICAP (IAP) 372.00p +1.31%Kazakhmys (KAZ) 868.00p +1.22%FTSE 100 - FallersCentrica (CNA) 311.30p -3.47%Reed Elsevier (REL) 510.00p -3.04%Tesco (TSCO) 317.40p -2.47%Tate & Lyle (TATE) 671.00p -0.96%Rolls-Royce Holdings (RR.) 812.50p -0.91%Fresnillo (FRES) 1,556.00p -0.83%Associated British Foods (ABF) 1,229.00p -0.81%British American Tobacco (BATS) 3,134.00p -0.73%Polymetal International (POLY) 944.00p -0.63%Shire Plc (SHP) 2,001.00p -0.55%FTSE 250 - RisersKesa Electricals (KESA) 58.35p +5.32%Lamprell (LAM) 337.70p +4.68%Imagination Technologies Group (IMG) 710.00p +3.42%Sports Direct International (SPD) 294.00p +3.16%Bodycote (BOY) 436.70p +3.14%Premier Oil (PMO) 379.70p +3.10%Stobart Group Ltd. (STOB) 129.00p +3.04%Ladbrokes (LAD) 178.40p +2.76%Rank Group (RNK) 124.00p +2.65%Domino Printing Sciences (DNO) 599.50p +2.65%FTSE 250 - FallersFidessa Group (FDSA) 1,480.00p -3.33%TalkTalk Telecom Group (TALK) 126.00p -2.70%Greggs (GRG) 501.50p -2.53%Hansteen Holdings (HSTN) 72.15p -2.50%International Public Partnerships Ltd. (INPP) 118.50p -2.47%Tullett Prebon (TLPR) 336.30p -2.24%National Express Group (NEX) 211.80p -2.22%Informa (INF) 413.00p -2.13%Drax Group (DRX) 536.00p -1.74%Balfour Beatty (BBY) 259.80p -1.59%BC
More News
30 Jun 2023 09:36

Vanquis Banking promotes former Barclays CFO Peter Estlin to chair

(Alliance News) - Vanquis Banking Group PLC on Friday said it will promote Non-Executive Director Peter Estlin to chair, subject to regulatory approval.

Read more
30 Jun 2023 07:56

LONDON BRIEFING: Markets ponder strong US economy, slow China recovery

(Alliance News) - Stocks in London were called higher on Friday, as investors weighed conflicting economic data from the world's two largest economies.

Read more
29 Jun 2023 17:19

London stocks fall as utilities drag; Serco gains

De La Rue up after retaining annual profit forecast

*

Read more
29 Jun 2023 15:24

UK mortgage rates rise again, turning screw on homeowners and buyers

LONDON, June 29 (Reuters) - Major British lenders on Thursday announced another increase in mortgage rates offered via brokers, pushing many products above the 6% mark in painful news for many homeowners and potential buyers.

Read more
29 Jun 2023 12:35

Intel vs Nvidia: mind the gap

STOXX Europe 600 up 0.3%

*

Read more
29 Jun 2023 11:28

What a PP, Vox-led Spain could mean for equities?

STOXX Europe 600 up 0.1%

*

Read more
29 Jun 2023 10:29

UK banks: reasons to buy on weakness

STOXX Europe 600 up 0.1%

*

Read more
29 Jun 2023 09:00

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

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

Read more
27 Jun 2023 09:58

RHI Magnesita advised that Ignite Luxembourg offer undervalues company

(Alliance News) - RHI Magnesita NV on Tuesday said it was advised by Barclays Bank PLC and Peel Hunt LLC that the offer from Ignite Luxembourg Holdings Sarl to buy a non-controlling minority stake undervalues the company.

Read more
27 Jun 2023 07:38

CAB Payments sets 335 pence per share offer price in London listing plan

LONDON, June 27 (Reuters) - CAB Payments Holdings <IPO-CABP.L>, a specialist in business-to-business emerging markets cross-border payments, said on Tuesday it had set a 335 pence price per share for its prospective London listing, implying a market capitalisation of 851 million pounds ($1.08 billion).

Read more
26 Jun 2023 17:39

UK banks face profit hit from rising threat of economic hard landing

(Alliance News) - JPMorgan on Monday warned that high street lenders, Lloyds Banking Group PLC, Barclays PLC and NatWest Group PLC, face a profit squeeze in the event of a hard-landing for the UK economy.

Read more
26 Jun 2023 16:53

Barclays appoints new heads of forex trading

June 26 (Reuters) -

Read more
26 Jun 2023 16:28

UK finance minister Hunt says banks are slow to pass on rate hikes to savers

LONDON, June 26 (Reuters) - Britain's finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases in central bank interest rates to savers and this is a problem that needs to be resolved.

Read more
26 Jun 2023 08:55

LONDON BROKER RATINGS: JPMorgan cuts Lloyds Banking to 'underweight'

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

Read more
23 Jun 2023 15:50

UK banks agree limited mortgage relief measures for stressed borrowers

LONDON, June 23 (Reuters) - British banks agreed on Friday to give homeowners who miss mortgage payments a year of grace before foreclosing and to protect credit scores of borrowers who change loan terms, as the government sought to ease the strain of rising interest rates.

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.