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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: 216.75
Bid: 216.55
Ask: 216.65
Change: 0.00 (0.00%)
Spread: 0.10 (0.046%)
Open: 217.35
High: 218.15
Low: 216.30
Prev. Close: 216.75
BARC Live PriceLast checked at -

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London open: Stocks rise on stimulus hopes; Barclays in focus

Tue, 03rd Jul 2012 08:31

- US, UK, China and ECB stimulus hopes drive gains- Barclays hits headlines after CEO departs- Miners rise as metals prices advance Hopes that central banks will inject more stimulus into the global economy were boosting UK stocks on Tuesday morning.Yesterday's disappointing manufacturing data in the US has prompted calls for the Federal Reserve to begin fresh stimulus into the world's largest economy. The ISM reported that the manufacturing sector contracted for the first time since July 2009. According to BNP Paribas, weak employment figures later this week may add to pressure on the Fed.There are also calls for China to cut its reserve requirement ratio (RRR) for its banks in an effort to boost liquidity. The China Securities Journal said that the RRR, currently at 20%, should be reduced again to lower the chance of a liquidity crunch next month.Meanwhile, investors will be looking ahead to policy decisions by the European Central Bank (ECB) and the Bank of England (BoE) on Thursday. The ECB is widely expected to cut interest rates to a new record-low, while the BoE is predicted to ramp up its asset purchase programme.Bob Diamond resigns as Barclays CEOMaking headlines this morning was the news that Bob Diamond has called its quits at Barclays, bowing in to political pressure following last week's news that the bank was involved in Libor manipulation. Marcus Agius, who said yesterday that he would resign as Chairman, is to become a full-time Chairman while the board searches for a new CEO. Shares advanced after this morning's announcement. Mining stocks were tracking metals prices higher early on. Vedanta, Rio Tinto, Kazakhmys, Fresnillo, ENRC and BHP Billiton were all making gains in spite of Deutsche Bank cutting target prices across the sector.FTSE 250 resource group Talvivaara Mining was bucking the trend after saying that it is unlikely to hit its nickel production targets this year as a result of flooding, scheduled maintenance and a fatality-related stoppage during its second quarter. Shares dropped 15%.House builder Persimmon edged higher after saying it had a good first half of the year with sales rates and prices running ahead of the corresponding period of 2011.Oil explorer Salamander Energy fell after saying that test results at its dig in the Gulf of Thailand are "conclusive", with analysis showing that water is present in the tested section; in other words the Far East-1 well cannot be used for production.Elsewhere, AIM-listed TV group Motive Television surged 16% after taking full control of its intellectual property rights by buying out the minority shareholder in its Spanish subsidiary.FTSE 100 - RisersVedanta Resources (VED) 947.00p +4.53%Kazakhmys (KAZ) 748.50p +2.53%Rio Tinto (RIO) 3,125.00p +2.11%Aviva (AV.) 288.40p +2.02%Meggitt (MGGT) 395.50p +1.85%Antofagasta (ANTO) 1,116.00p +1.73%Fresnillo (FRES) 1,514.00p +1.61%AstraZeneca (AZN) 2,928.00p +1.60%Petrofac Ltd. (PFC) 1,459.00p +1.53%Standard Chartered (STAN) 1,437.00p +1.27%FTSE 100 - FallersAberdeen Asset Management (ADN) 258.00p -2.53%Royal Bank of Scotland Group (RBS) 216.10p -1.32%United Utilities Group (UU.) 671.50p -1.18%Severn Trent (SVT) 1,643.00p -1.14%BP (BP.) 428.25p -0.98%ITV (ITV) 77.15p -0.84%Centrica (CNA) 317.20p -0.75%Kingfisher (KGF) 287.00p -0.69%Capital Shopping Centres Group (CSCG) 319.30p -0.59%Diageo (DGE) 1,649.00p -0.54%FTSE 250 - RisersCentamin (DI) (CEY) 74.50p +5.23%Ocado Group (OCDO) 78.60p +4.80%Bumi (BUMI) 320.00p +3.23%Rank Group (RNK) 121.00p +2.63%Aquarius Platinum Ltd. (AQP) 49.24p +2.33%EnQuest (ENQ) 112.60p +2.27%Redrow (RDW) 128.50p +2.07%Wood Group (John) (WG.) 714.50p +1.85%Regus (RGU) 92.25p +1.77%African Barrick Gold (ABG) 400.10p +1.75%FTSE 250 - FallersTalvivaara Mining Company (TALV) 144.00p -15.29%JD Sports Fashion (JD.) 691.00p -4.56%Chemring Group (CHG) 265.30p -3.21%Salamander Energy (SMDR) 166.80p -2.80%Renishaw (RSW) 1,366.00p -2.01%Hansteen Holdings (HSTN) 72.55p -1.96%Man Group (EMG) 73.10p -1.81%New World Resources A Shares (NWR) 328.30p -1.79%Yule Catto & Co (YULC) 141.20p -1.53%Perform Group (PER) 399.60p -1.31%BC
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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

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(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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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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