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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: Stocks rise on stimulus hopes

Thu, 07th Jun 2012 08:35

- Eyes on Spanish auction- Central bank stimulus speculation boosts stocks- MPC to reveal rate decision at noonUK stocks headed higher on Thursday morning ahead of a crucial bond auction in Spain later on today; meanwhile speculation of central bank stimulus at home and abroad lifted sentiment early on.Investors will be keeping a close eye on a crucial bond auction in Madrid as Spain attempts to sell up between €1bn and €2bn of two-, four- and 10-year bonds. US stocks surged last night following the release of the Federal Reserve's Beige Book which painted a more upbeat picture of the world's largest economy. However, Janet Yellen, the vice-chair of the Fed, said that if the recovery fails to be satisfactory, "I am convinced that scope remains for the Federal Open Market Committee to provide further policy accommodation."The European Central Bank (ECB) yesterday left its key interest rate unchanged at 1%, saying that it will extend its liquidity loans for banks for the rest of the year. In the subsequent press conference, ECB President Mario Draghi said: "We monitor all developments closely and we stand ready to act".Meanwhile, eyes will be on the Bank of England (BoE) with the Monetary Policy Committee (MPC) expected to make its interest rate decision at midday. While there are some that are calling for a rate cut, most are expecting the status quo to be maintained. However, following an increase to the asset purchase programme last month and some gloomy economic data since then, many economists - such as those at Deutsche Bank and Citigroup - expect another £50bn in quantitative easing to be announced.FTSE 100: Johnson Matthey leads the risePlatinum refiner Johnson Matthey jumped after hailing another year of strong growth as it delivered numbers ahead of market expectations and a special divi worth a quid a share. Revenue in the year to March 31st rose 20% to £12,023m from £9,985m the year before, comfortably ahead of market expectations of £11,213m.Banks were also providing a lift early on, with Royal Bank of Scotland, Lloyds and Barclays making decent gains. Luxury brand Burberry was also a high riser after Credit Suisse upgraded the stock to outperform.Tullow Oil edged higher after its Paon-1X exploration well offshore Côte d'Ivoire found good quality light oil in a Turonian fan system.Telecoms giant Vodafone fell slightly after announcing an agreement with Telefonica to create one national grid in the UK by pooling together parts of their network infrastructure.FTSE 250: Betfair on the upOnline betting exchange Betfair rose after confirming it has received an online gaming licence from the Spanish government. The move had been anticipated since the end of May but the decision sees the final stage of a process begun in the Spring of last year, when Spain's new gambling legislation was first introduced. Sector peers bwin.party and Ladbrokes, who announced they had won licences on June 1st, rose in sympathy.Gold miner African Barrick Gold (ABG) retreated after yesterday's near-15% jump. Its parent company Barrick Gold announced on Wednesday afternoon that President and CEO Aaron Regent has been replaced with the group citing disappointment over its recent share price performance. Regent has now left ABG as Chairman.FTSE 100 - RisersJohnson Matthey (JMAT) 2,269.00p +3.28%Burberry Group (BRBY) 1,358.00p +2.57%Royal Bank of Scotland Group (RBS) 218.50p +2.49%ITV (ITV) 73.50p +2.23%InterContinental Hotels Group (IHG) 1,496.00p +1.77%Tullow Oil (TLW) 1,463.00p +1.74%Marks & Spencer Group (MKS) 336.40p +1.66%Lloyds Banking Group (LLOY) 27.48p +1.61%Barclays (BARC) 190.60p +1.49%GKN (GKN) 180.30p +1.41%FTSE 100 - FallersWeir Group (WEIR) 1,452.00p -2.22%Fresnillo (FRES) 1,446.00p -1.77%Evraz (EVR) 282.40p -1.67%Randgold Resources Ltd. (RRS) 5,880.00p -1.67%United Utilities Group (UU.) 670.00p -1.18%ICAP (IAP) 337.30p -1.06%Rolls-Royce Holdings (RR.) 800.50p -0.93%Man Group (EMG) 80.20p -0.80%WPP (WPP) 755.00p -0.66%Antofagasta (ANTO) 1,046.00p -0.66%FTSE 250 - RisersBarratt Developments (BDEV) 125.30p +3.90%Rank Group (RNK) 121.90p +3.31%Exillon Energy (EXI) 99.50p +2.95%Imagination Technologies Group (IMG) 489.50p +2.77%Persimmon (PSN) 567.50p +2.62%BH Global Ltd. USD Shares (BHGU) 11.59 +2.48%Bumi (BUMI) 327.50p +2.34%Taylor Wimpey (TW.) 44.58p +2.22%Home Retail Group (HOME) 73.00p +2.10%Grainger (GRI) 86.65p +1.94%FTSE 250 - FallersCranswick (CWK) 802.00p -4.58%Afren (AFR) 111.90p -2.27%Telecom Plus (TEP) 760.00p -2.25%Perform Group (PER) 355.00p -1.93%EnQuest (ENQ) 118.80p -1.90%Devro (DVO) 310.30p -1.77%African Barrick Gold (ABG) 393.20p -1.75%PayPoint (PAY) 688.00p -1.43%Perpetual Income & Growth Inv Trust (PLI) 250.80p -1.42%Barr (A.G.) (BAG) 350.00p -1.41%BC
More News
7 Dec 2023 15:35

IN BRIEF: Barclays Chair Nigel Higgins buys 200,000 shares

Barclays PLC - London-based consumer, business and investment bank - Chair Nigel Higgins buys 200,000 shares at GBP1.3867 each, worth GBP277,340, in London on Thursday.

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5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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5 Dec 2023 09:05

LONDON MARKET OPEN: FTSE 100 struggles after Moody's warning on China

(Alliance News) - London's FTSE 100 got off to a slow start on Tuesday, with miners falling amid fears for the Chinese economy, while Barclays shares fell after Bloomberg reported Qatar is trimming its stake in the lender.

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5 Dec 2023 08:01

Qatar almost halves stake in Barclays

(Sharecast News) - Banking giant Barclays was in the red early on Tuesday after its largest shareholder made moves to offload roughly £510.0m in shares.

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5 Dec 2023 07:48

LONDON BRIEFING: Ashtead in record half-year; tinyBuild cuts outlook

(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, continuing a lacklustre start to the week, after tepid trade in New York overnight.

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30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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28 Nov 2023 15:40

Barclays axes 900 staff in "disgraceful" pre-Christmas move - UK union

(Alliance News) - Banking firm Barclays PLC is cutting 900 jobs in its UK business as it looks to slash costs in a "disgraceful" pre-Christmas move, trade union Unite has said.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 08:52

PRESS: Barclays eyes dropping quarter of investment bank clients - FT

(Alliance News) - Barclays PLC is exploring the possibility of dropping thousands of its investment bank clients - a quarter of its total - amid a strategic overhaul to bolster its bottom line and cut GBP1 billion of costs, the Financial Times reported on Tuesday.

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28 Nov 2023 07:56

Barclays considers dropping thousands of investment banking clients - report

(Sharecast News) - Barclays is reportedly exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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27 Nov 2023 17:16

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 13:44

Barclays in talks to acquire mortgage portfolio from Metro Bank

(Sharecast News) - Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.

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27 Nov 2023 13:26

PRESS: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 12:54

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

Argo Blockchain PLC - London-based cryptocurrency miner - Hires Thomas Chippas as chief executive officer and board member, starting immediately. New York-based Chippas most recently was CEO of CBOE Digital, a crypto trading and clearing firm that is part of Cboe Global Markets Group. He also was CEO of Citadel Technology LLC and worked at financial firms Citigroup Inc, Barclays PLC and Deutsche Bank AG. "The pace of innovation in the bitcoin mining industry continues to increase as miners seek ever greater efficiency and capacity in preparation for the bitcoin halving and beyond," Chippas says.

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