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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: 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 with Greece in focus

Wed, 08th Feb 2012 08:42

- Greek leaders scheduled to discuss draft deal.- Reckitt rises strongly after beating full-year targets.- Miners, financials provide a lift.Stocks opened higher on Wednesday following two days in the red, with banks and resource stocks providing a lift. Worth noting, the FTSE All-World equity index has risen to its highest level since August.Markets are looking to Greece to provide a positive solution to its ongoing difficulties after several days of delays. Prime Minister Lucas Papademos is expected to meet the leaders of the other political parties later on today to discuss a draft deal needed to secure the next bailout package.George Karatzaferis, leader of the LAOS party, told reporters last night: "we can't say a plain yes or no unless we have assurances from the relevant authorities of the state that these actions are constitutional and will lead the country out of the crisis," he said. "There is time. When it comes to the future of the country, we will find the time."RECKITT RISES AFTER BEATING TARGETSCillit Bang maker Reckitt Benckiser said it exceeded its full year targets in 2011, as it announced a strategy for 'continued out-performance'. Net revenue in 2011 rose to £9.49bn from £8.45bn the year before and just a tad higher than market expectations of £9.45bn.With what was a mixed bag of results for mining titan BHP Billiton, the market reaction was also mixed as shares traded flat early on. There was something for both the bulls and the bears in BHP's interim results, with underlying pre-tax earnings ahead of expectations while the bottom line number was shy of what the market had been anticipating.Sector peer Rio Tinto saw shares rise after committing a further $3.4bn to the expansion of its Pilbara iron ore operations in western Australia. "Today we are announcing another significant milestone in our drive towards a more than 50 per cent increase in the size of iron ore operations in Western Australia," said Rio's Iron Ore and Australia Chief Executive Sam Walsh. Russian precious metals group Polymetal International rose after terminating a joint venture as it bought out the remaining 50% stake owned by South Africa-based AngloGold Ashanti for $20m. The transaction will see it take full control of the Veduga gold deposit in the Krasnoyarsk region of Russia.Financials were in demand early on as Barclays, Man Group, Lloyds, Old Mutual and Schroders on the rise.Power generator International Power was a heavy faller despite seeing revenues and earnings rise 3% and 8% in the 2011. The company said its hook-up with French utility company GDF SUEZ Energy delivered synergies well ahead of target in 2011. FTSE 250: SUPERGROUP NOT SO SUPER AS SHARES PLUMMETShares in SuperGroup, owner of the Superdry brand, dropped over 15% after it said profit for the year will be towards the lower end of market expectations as it experienced a challenging last three weeks in January. "Following a solid Christmas trading period, which saw like-for-like retail sales of 9.3% in December, there has been a slowdown in the last three weeks of January," the group explained in a company statement.Emergency repair group Homeserve also fell after saying that its recent travails that are still preventing the group from restarting some marketing operations. This, along with falling customer numbers, means that the group will make 200 lay-offs from its telesales department.Specialist homewares retailer Dunelm was in demand after reporting a 7.8% rise in pre-tax profit for the half year ended December 31st on revenues that increased 8.8%.In small cap news, shares in travel operator Thomas Cook rose strongly after the firm said it was offloading its stake in its Indian subsidiary as the group reported a 3% rise in first-quarter revenue.BCFTSE 100 - RisersReckitt Benckiser Group (RB.) 3,466.00p +2.48%Barclays (BARC) 241.55p +2.01%Rio Tinto (RIO) 3,944.50p +1.94%Kazakhmys (KAZ) 1,182.00p +1.90%Man Group (EMG) 137.50p +1.78%Lloyds Banking Group (LLOY) 35.83p +1.60%Xstrata (XTA) 1,219.00p +1.58%Old Mutual (OML) 156.80p +1.42%Antofagasta (ANTO) 1,352.00p +1.27%Schroders (Non-Voting) (SDRC) 1,289.00p +1.26%FTSE 100 - FallersInternational Power (IPR) 330.00p -3.71%Cairn Energy (CNE) 348.00p -2.41%Sage Group (SGE) 298.00p -1.91%Marks & Spencer Group (MKS) 342.90p -0.98%Next (NXT) 2,731.00p -0.87%Imperial Tobacco Group (IMT) 2,407.00p -0.86%Carnival (CCL) 1,985.00p -0.70%Kingfisher (KGF) 269.60p -0.52%SSE (SSE) 1,252.00p -0.48%GlaxoSmithKline (GSK) 1,400.00p -0.43%FTSE 250 - RisersDunelm Group (DNLM) 491.70p +4.64%New World Resources A Shares (NWR) 543.00p +3.82%Daejan Holdings (DJAN) 3,065.00p +3.72%Inmarsat (ISAT) 453.10p +3.64%Ophir Energy (OPHR) 342.10p +3.04%Domino Printing Sciences (DNO) 626.50p +2.96%Henderson Group (HGG) 124.50p +2.89%Fidelity China Special Situations (FCSS) 83.25p +2.46%SDL (SDL) 660.00p +1.85%Moneysupermarket.com Group (MONY) 120.90p +1.77%FTSE 250 - FallersSupergroup (SGP) 595.00p -15.00%Home Retail Group (HOME) 108.30p -3.22%Daily Mail and General Trust (DMGT) 448.90p -2.92%Redrow (RDW) 127.00p -2.08%Misys (MSY) 320.00p -1.87%Dixons Retail (DXNS) 14.73p -1.80%Victrex (VCT) 1,323.00p -1.78%Persimmon (PSN) 551.00p -1.69%UK Commercial Property Trust (UKCM) 74.50p -1.65%Hansteen Holdings (HSTN) 74.05p -1.40%
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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