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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: 219.20
Bid: 219.50
Ask: 219.60
Change: -0.80 (-0.36%)
Spread: 0.10 (0.046%)
Open: 222.05
High: 224.25
Low: 219.05
Prev. Close: 219.20
BARC Live PriceLast checked at -

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Sector movers: Financials pace gains

Wed, 08th Aug 2018 17:04

(Sharecast News) - Financials lent their weight to Wednesday's stockmarket advance, with Prudential at the head of the pack on the back of its latest half-year numbers.Boosted by good underlying growth in Asia and the US, the life insurer said that group operating profits rose 2% to £2.4bn on an IFRS accounting basis, or up 9% if forex moves are excluded. That was 7% ahead of the average analyst forecast of £2.25bn, thanks to a £166m benefit from the one-off release of a UK provision.Shares of lenders were also on the up, tracking gains on the other side of the Atlantic, where the KBW sector index was adding 0.52% to 111.22.Of the lenders listed on the FTSE 350, Lloyds's shares were the only ones moving lower.Nevertheless, while the S&P 500 was just a smidgen shy of its 52-week highs, the KBW's 52-week highs were still some way off, at 117.14.Of interest, analysts at Bank of America-Merrill Lynch were pointing out how, post the June rebalancing of FTSE Russell's US indices, value managers were now most overweight Financials, at 1.24 times' the benchmark, followed by technology at 1.23.In the background, and in a boon for the sector's fortunes, was the recent more upbeat tone from some market watchers on their outlook for equity markets.Indeed, just last Saturday, JP Morgan boss, Jamie Dimon, had forecast that the current 'bull market' would continue for another two or three years, with the yield on the benchmark 10-year US Treasury set to rise to 5.0%. Nevertheless, Automobiles&Parts was the top riser, driven by gains in fluid storage company TI Fluid Systems after it reported revenue growth of 4.5% period-over-period at constant currency for the first six months of the year.The company attributed its first-half performance to the successful execution of its hybrid electric vehicle (HEV) and electric vehicle (EV) strategy, which had created further organic growth opportunities.Top performing sectors so far todayAutomobiles & Parts 10,837.93 +7.20%Life Insurance 8,557.65 +2.26%Industrial Transportation 3,174.53 +1.84%Support Services 8,415.85 +1.15%Banks 4,325.98 +1.00%Bottom performing sectors so far todayHealth Care Equipment & Services 7,746.40 -1.16%Industrial Engineering 13,193.64 -1.15%Leisure Goods 7,731.94 -0.64%Mining 17,940.33 -0.38%Electronic & Electrical Equipment 6,935.43 -0.15%
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Some UK banks improving interest rates for savers, says watchdog

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31 Aug 2023 23:16

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29 Aug 2023 17:27

European shares at two-week high; UK's FTSE 100 outperforms

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25 Aug 2023 14:43

Barclays hires internet banker Taylor from Goldman Sachs-memo

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18 Aug 2023 10:22

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17 Aug 2023 22:30

Britain makes access to fee-free cash machine a legal right

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15 Aug 2023 07:49

LONDON BRIEFING: L&G profit falls on investments; M&S outlook rosy

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14 Aug 2023 17:18

UK watchdog kicks off 'politically-exposed persons' review

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13 Aug 2023 18:29

US Steel to explore strategic alternatives after unsolicited bids

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10 Aug 2023 17:30

British equities rise as travel stocks rally after China lifts travel curbs

China eased travel restrictions

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FTSE 100 movers: Commodity stocks rise, Hiscox sinks

(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.

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3 Aug 2023 20:39

UBS taps Barclays semiconductors banker Anissimov-sources

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3 Aug 2023 19:13

UK's Hunt asks financial watchdog to urgently review 'debanking' concerns

LONDON, Aug 3 (Reuters) - British finance minister Jeremy Hunt said on Thursday he had asked the country's financial services watchdog to urgently investigate terminations of bank accounts and suggested that lenders who have broken the law should be fined.

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