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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: 208.90
Bid: 209.35
Ask: 209.45
Change: -0.85 (-0.41%)
Spread: 0.10 (0.048%)
Open: 210.15
High: 211.85
Low: 208.80
Prev. Close: 209.75
BARC Live PriceLast checked at -

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London open: Banks lead markets lower ahead of FOMC meeting

Tue, 17th Sep 2013 08:14

Following a strong start to the week, investors turned cautious ahead of the conclusion of the Federal Open Market Committee (FOMC) meeting tomorrow afternoon as markets ready themselves for one of the most closely-watched US policy decisions in recent years, given rising expectations that the Fed will begin to scale back its quantitative easing (QE) programme.The FTSE 100 was registering small losses early on, retreating from Monday's close of 6,622.86 - this was the best close for London's benchmark index since August 2nd, when it finished the day at 6,647.87."The two-day event is certain to install some trepidation in investors with the majority of economists surveyed of the belief that Fed policymakers will cut monthly bond buying by $10bn to $75bn per month," said Financial Sales Trader Max Cohen from Spreadex.Markets across the globe gained on Monday after the announcement by well-known hawk Larry Summers that he has dropped out of the race to take over Ben Bernanke's position as Fed Chairman when he steps down in January. Cohen said that Summers would have tightened policy more than Fed Vice Chair Janet Yellen, who is now widely regarded as the firm favourite to succeed Bernanke.He said: "many analysts point out that (interest) rate-hike expectations are of fundamental importance because of their impact on short-term US bond yields and thereby the dollar's yield attraction. A faster pace of rate increases would make the dollar more attractive given that many other central banks, such as the European Central Bank and the Bank of Japan, are perceived to be nowhere near tightening."FTSE 100: Lloyds falls as government begins stake saleBanking group Lloyds was in the red this morning after the UK Financial Investments sold a 6% stake in the bank for £3.2bn, reducing its shareholding from about 38.7% to approximately 32.7%. The Treasury sold 4.3bn shares at a price of 75p each. Part-nationalised peer RBS was also lower early on.Barclays was also lower after it was reported yesterday that it is facing a £50m fine for allegedly breaching market listing rules over its capital raisings. The bank also said that its adjusted income for July and August was lower than in the same period of the previous year, resulting in a 5% year-on-year decline in adjusted income for the eight-month period to August 31st.Mining stocks were also out of favour as risk appetite was scaled back ahead of the Fed decision - Vedanta Resources, Glencore Xstrata, Rio Tinto and Anglo American were among the FTSE 100's worst performers . Glencore Xstrata was being weighed down by UBS which lowered its rating from 'buy' to 'neutral', saying that a "challenging" price outlook will cap share-price performance.Randgold however bucked the trend as gold prices rebounded after hitting a five-week low the day before.FTSE 250: Debenhams rises after pre-close statementDebenhams was a high riser after saying it expects annual pre-tax profit in line with market forecasts on the back of growth in market share and like-for-like sales. In a trading update ahead of results for the year to end of August, the retailer reported a 2% rise in group like-for-like sales supported by online revenue and market share gains in clothing and non-clothing such as womenswear and beauty.Crest Nicholson, the housebuilder which debuted on the stock market back in February, edged higher after reservations in the third quarter were given a boost by the government's stimulus measures as it gave a confident outlook for the future. Domino Printing fell after it warned that market conditions have continued to remain "difficult" in many regions, and in some areas it has seen signs of possible deterioration. FTSE 100 - RisersSmiths Group (SMIN) 1,390.00p +1.24%United Utilities Group (UU.) 694.50p +1.02%Rolls-Royce Holdings (RR.) 1,117.00p +0.99%Bunzl (BNZL) 1,378.00p +0.95%Severn Trent (SVT) 1,774.00p +0.91%Schroders (SDR) 2,524.00p +0.88%Randgold Resources Ltd. (RRS) 4,525.00p +0.87%National Grid (NG.) 752.00p +0.80%Burberry Group (BRBY) 1,614.00p +0.75%Diageo (DGE) 2,027.50p +0.75%FTSE 100 - FallersVedanta Resources (VED) 1,151.00p -2.71%Royal Bank of Scotland Group (RBS) 357.00p -2.59%Glencore Xstrata (GLEN) 334.45p -2.18%Lloyds Banking Group (LLOY) 75.71p -2.13%Aggreko (AGK) 1,621.00p -1.70%Anglo American (AAL) 1,559.50p -1.48%Serco Group (SRP) 566.00p -1.48%Barclays (BARC) 301.25p -1.36%Standard Chartered (STAN) 1,490.00p -1.32%BG Group (BG.) 1,192.00p -1.20%FTSE 250 - RisersDebenhams (DEB) 106.00p +2.71%Bumi (BUMI) 214.20p +2.24%Salamander Energy (SMDR) 127.00p +1.76%Stagecoach Group (SGC) 335.90p +1.70%Go-Ahead Group (GOG) 1,592.00p +1.66%Crest Nicholson Holdings (CRST) 342.50p +1.51%Rightmove (RMV) 2,416.00p +1.26%Menzies(John) (MNZS) 807.00p +1.25%Jardine Lloyd Thompson Group (JLT) 929.00p +1.20%Dairy Crest Group (DCG) 492.80p +1.00%FTSE 250 - FallersEvraz (EVR) 134.10p -4.15%Investec (INVP) 427.90p -3.17%Imagination Technologies Group (IMG) 334.00p -2.91%Vesuvius (VSVS) 472.70p -2.90%Lonmin (LMI) 323.00p -2.51%Alent (ALNT) 375.30p -2.01%Domino Printing Sciences (DNO) 660.00p -2.00%Ferrexpo (FXPO) 182.30p -1.88%Kazakhmys (KAZ) 284.80p -1.79%Polymetal International (POLY) 649.50p -1.52%BC
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No new questioning of JPMorgan CEO Dimon in Epstein case -US judge

NEW YORK, June 16 (Reuters) - Jamie Dimon, the chief executive of JPMorgan Chase, will not have to sit for a second deposition in the U.S. Virgin Islands' lawsuit over the bank's work for Jeffrey Epstein, the late financier and sex offender.

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15 Jun 2023 23:15

JPMorgan says one deposition of Jamie Dimon in Epstein case is enough

NEW YORK, June 15 (Reuters) - JPMorgan Chase urged a federal judge to reject the U.S. Virgin Islands' demand that Chief Executive Jamie Dimon sit for a second deposition for its lawsuit about the bank's long relationship with Jeffrey Epstein.

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15 Jun 2023 17:02

LONDON MARKET CLOSE: Europe mixed after ECB hike and hawkish Fed

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14 Jun 2023 08:27

WH Smith completes refinancing with GBP400 million facility

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13 Jun 2023 18:28

BBVA tests post Credit Suisse demand for euro-denominated AT1 bonds

BBVA sells 1 bln euros in AT1s, demand of 3.1 bln euros

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13 Jun 2023 13:25

Egypt invites banks to pitch for role in AlexBank stake sale

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13 Jun 2023 10:01

Spain's BBVA launches first AT-1 bonds issue since Credit Suisse crisis

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12 Jun 2023 20:41

JPMorgan settles with Jeffrey Epstein victims for $290 million

NEW YORK, June 12 (Reuters) - JPMorgan Chase agreed to pay about $290 million to settle a class action lawsuit by Jeffrey Epstein's victims, resolving a large part of litigation over the bank's relationship with the disgraced financier.

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12 Jun 2023 15:11

JPMorgan settlement with Jeffrey Epstein victims totaled $290 mln -- source

June 12 (Reuters) - JPMorgan Chase will pay about $290 million to settle a class-action lawsuit by women who said they were victims of Jeffrey Epstein's sexual abuses, and had sued the bank over its ties to the late financier, a person familiar with the matter said on Monday.

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9 Jun 2023 17:58

Jeffrey Epstein victims demand new deposition of JPMorgan CEO Dimon

NEW YORK, June 9 (Reuters) - Lawyers for Jeffrey Epstein victims who are suing JPMorgan Chase over its ties to the disgraced financier on Friday asked a judge to require Chief Executive Jamie Dimon and two other bank officials to sit for new depositions.

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9 Jun 2023 09:38

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8 Jun 2023 13:09

JP Morgan backs NatWest over Lloyds

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8 Jun 2023 12:40

SocGen pares back Africa businesses in first move by new CEO

Signed agreements to sell activities in four countries

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8 Jun 2023 09:16

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

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8 Jun 2023 09:04

CAB Payments Holdings to pursue London listing

LONDON, June 8 (Reuters) - CAB Payments Holdings, a specialist in business-to-business cross-border payments across emerging markets, is seeking a London stock market listing to broaden its ownership and accelerate its growth, the company said on Thursday.

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