Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London open: FTSE inches higher despite ECB concerns

Mon, 03rd Feb 2014 08:55

- Modest rise on FTSE- Lloyds dives on PPI bill update- Chinese and Aussie data disappoints- Focus to be on Eurozone manufacturingtechMARK 2,783.19 +0.30%FTSE 100 6,514.32 +0.06%FTSE 250 15,690.31 +0.10%The FTSE surprised with a positive start to today's session, inching marginally into positive territory early on, despite weak data out from China, a poor finish in both Asia and the US, on-going fears over emerging markets, as well as concerns over this week's interest rates decision by the European Central Bank (ECB). Friday's weaker-than-expected reading on Eurozone consumer price inflation prompted a number of the largest research outfits in Europe to change their predictions for the upcoming policy meeting, and as a consensus now see another cut in the ECB's main policy rate on the cards.Asia stock markets tracked a decline in the US, and were also hit by data from China, which revealed non-manufacturing PMI dropped to 53.4 in January. Turning to today's session, markets will see the release of the UK´s manufacturing PMI, with the same also due to be released from Spain, Italy and the US. Also in the States, data will be published on Construction Spending and ISM Manufacturing Prices.According to Craig Erlam, a Market Analst at Alpari UK, investors "could be in for another bad week" after Australian data also disappointed with a 2.9% decline in December building permit numbers. "With the central bank meeting tomorrow, this could further encourage policy makers to cut rates again in order to provide a further boost to the economy and devalue the currency to a level its more comfortable with," he said. "I don't think this panic will last, although I do expect repeats of this throughout the year as the Fed brings it asset purchase programme to a close. Given the size of the rally in stocks last year, I think part of this sell-off is being driven by investors using the emerging markets story as an excuse to allow for a correction in the markets." On the company front, Randgold Resources was a strong riser after it said it hit targets for 2013, boosted gold production to a new record level and expects output to rise over the next five years. Production for the quarter and year to December rose 20% and 15% respectively, in line with guidance.Shares in Lloyds were at the bottom of the pile after the group revealed its payment protection insurance (PPI) bill had soared by a further £1.8bn to nearly £10bn, and despite predicting its full-year underlying profits would be almost double that predicted by analysts. Sector peer Barclays was also a heavy faller. Rexam was higher after proposing the sale of the Pharmaceutical Devices and Prescription Retail Packaging divisions of its Healthcare business for $805m. The consumer packaging company said Montagu Private Equity has made a binding offer for the divisions. The transaction is subject to regulatory approval and is expected to be completed around mid-2104.BBA Aviation climbed after saying it sold APPH, a full-service landing gear and hydraulic sub-systems supplier, and announced it was considering a cash return to shareholders. The business, which had formed part of BBA's Aftermarket Services division, was sold for $128m, the $120.6m proceeds of which would be use to reduce the group's debt level. Medical technology company Smith & Nephew rose after it agreed to buy medical device company ArthroCare Corp. The group will pay $1.7bn, or $48.25 per ArthroCare share in cash, representing an enterprise value of $1.5bn.FTSE 100 - RisersWeir Group (WEIR) 2,149.00p +2.63%Reckitt Benckiser Group (RB.) 4,657.00p +2.06%Randgold Resources Ltd. (RRS) 4,272.00p +1.88%SSE (SSE) 1,328.00p +1.61%GlaxoSmithKline (GSK) 1,587.50p +1.50%Rexam (REX) 499.90p +1.40%Fresnillo (FRES) 780.00p +1.36%Smith & Nephew (SN.) 887.50p +1.31%Intertek Group (ITRK) 2,865.00p +1.17%Diageo (DGE) 1,821.50p +1.17%FTSE 100 - FallersLloyds Banking Group (LLOY) 81.16p -2.57%Barclays (BARC) 269.10p -1.25%Vodafone Group (VOD) 224.25p -1.02%Sports Direct International (SPD) 677.00p -1.02%ARM Holdings (ARM) 926.50p -0.91%TUI Travel (TT.) 422.10p -0.78%BP (BP.) 474.30p -0.77%Royal Mail (RMG) 594.00p -0.67%Kingfisher (KGF) 367.30p -0.62%Burberry Group (BRBY) 1,439.00p -0.62%FTSE 250 - RisersKenmare Resources (KMR) 18.59p +6.23%Grafton Group Units (GFTU) 611.00p +2.78%EnQuest (ENQ) 133.00p +2.70%Centamin (DI) (CEY) 45.20p +2.49%Ferrexpo (FXPO) 154.70p +1.78%SIG (SHI) 199.30p +1.58%RPC Group (RPC) 602.50p +1.26%Cobham (COB) 297.30p +1.23%Croda International (CRDA) 2,441.00p +1.20%BH Global Ltd. GBP Shares (BHGG) 1,200.00p +1.18%FTSE 250 - FallersPerform Group (PER) 234.70p -5.17%Rank Group (RNK) 135.50p -2.38%Essar Energy (ESSR) 56.50p -2.08%Serco Group (SRP) 430.60p -1.49%Petra Diamonds Ltd.(DI) (PDL) 136.00p -1.38%PayPoint (PAY) 1,086.00p -1.18%Telecom Plus (TEP) 1,881.00p -1.16%Cranswick (CWK) 1,307.00p -1.06%UDG Healthcare Public Limited Company (UDG) 352.10p -1.04%BH Macro Ltd. USD Shares (BHMU) 19.3 -1.03%NR
More News
8 Jun 2023 00:46

Barclays hit by more departures as Plaster, Hudson exit, sources say

NEW YORK, June 7 (Reuters) - Barclays banker John Plaster, who led the bank's power and utilities group in the Americas, has resigned to join Guggenheim Partners, people familiar with the matter said on Wednesday.

Read more
7 Jun 2023 21:10

Barclays hit by further departures as Plaster, Hudson exit -sources

NEW YORK, June 7 (Reuters) - Barclays Plc banker John Plaster, who lead the bank's power and utilities group in the Americas, has resigned to join Guggenheim Partners, people familiar with the matter said on Wednesday.

Read more
7 Jun 2023 15:17

Barclays studying options for payments business - report

(Sharecast News) - Barclays is reportedly studying options for its global payments activities as a part of broader review into how it allocates resources.

Read more
5 Jun 2023 22:34

Top Barclays software banker to join Centerview -sources

NEW YORK, June 5 (Reuters) - Barclays Plc's global co-head of software investment banking Steven Markovich has resigned to join Centerview Partners, people familiar with the matter said on Monday, the latest blow to the British bank's efforts to retain U.S. dealmaking talent.

Read more
5 Jun 2023 18:27

Microsoft-backed Rubrik hires banks for IPO -sources

NEW YORK, June 5 (Reuters) - Rubrik Inc, a U.S. cybersecurity software startup backed by Microsoft Corp and valued at $4 billion in a fundraising round two years ago, has hired banks for an initial public offering, four people familiar with the matter said.

Read more
31 May 2023 12:02

LONDON MARKET MIDDAY: Stocks down on US debt vote nerves

(Alliance News) - Stock prices in London were down at midday Wednesday, ahead of a vote on the US debt ceiling bill.

Read more
31 May 2023 09:21

LONDON BROKER RATINGS: Numis cuts 3i Group; HSBC likes JD Wetherspoon

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

Read more
31 May 2023 08:51

IN BRIEF: Barclays Bank UK CEO sells GBP860,000 in Barclays shares

Barclays PLC - London-based bank - Matt Hammerstein, chief executive officer of Barclays Bank UK, sells 553,578 shares at GBP1.56, worth GBP862,530, on Friday last week. The sale was via Solium Capital UK Ltd as administrator of the Barclays nominee service.

Read more
30 May 2023 13:30

German tax fraud mastermind handed further 8-year jail sentence

WIESBADEN, Germany, May 30 (Reuters) - Hanno Berger, a former tax inspector turned legal tax expert, was sentenced on Tuesday to eight years and three months in jail by a court in Wiesbaden, as the nation comes to terms with one of its biggest post-war frauds.

Read more
30 May 2023 13:16

German tax fraud mastermind handed further 8-year jail sentence

WIESBADEN, Germany, May 30 (Reuters) - Hanno Berger, a former tax inspector turned legal tax expert, was sentenced on Tuesday to eight years and three months in jail by a court in Wiesbaden, as the nation comes to terms with one of its biggest post-war frauds.

Read more
29 May 2023 15:33

Turkey stocks rally, lira slips to record low after Erdogan victory

LONDON, May 29 (Reuters) - Turkish President Tayyip Erdogan won re-election in a runoff vote, extending his rule into a third decade. The nation is grappling with a cost of living crisis, a plunging currency and depleted foreign reserves.

MARKET REACTION:

LIRA: The Turkish currency touched a fresh record low of 20.105 on Monday. It has fallen more than 7% since the start of the year, and lost more than 90% of its value over the past decade.

DEBT: Turkey's international bonds were mixed, with the 2030 issue gaining 0.5 cents while other maturities eased 0.2 cents. Five-year credit default swaps were hovering at Friday's closing level.

Read more
25 May 2023 09:56

UK watchdog proposes requiring banks to help struggling customers

LONDON, May 25 (Reuters) - Banks and building societies would be required to help customers struggling to repay their mortgages and loans as interest rate rise in a cost-of-living crisis, Britain's financial watchdog said in proposals to make COVID-era temporary rules permanent.

Read more
24 May 2023 18:20

JPMorgan can sue former executive Staley over Epstein ties -US judge

NEW YORK, May 24 (Reuters) - JPMorgan Chase & Co may move forward with its lawsuit seeking to hold former executive Jes Staley liable for concealing what he knew about the disgraced financier Jeffrey Epstein, a U.S. judge ruled on Wednesday.

Read more
24 May 2023 17:17

JPMorgan can sue former executive Staley over Epstein ties--US judge

NEW YORK, May 24 (Reuters) - A U.S. judge on Wednesday rejected former JPMorgan Chase & Co executive Jes Staley's bid to dismiss the bank's lawsuit claiming he concealed what he knew about Jeffrey Epstein and should cover its losses if it were found liable for serving the disgraced financier. (Reporting by Jonathan Stempel in New York)

Read more
23 May 2023 16:22

Barclays hires McDavid as equities head from Morgan Stanley

LONDON, May 23 (Reuters) - Barclays has appointed a Morgan Stanley veteran Scott McDavid as its new global head of equities, the British bank said on Tuesday, the latest in a series of high-profile hires at its investment bank in New York.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.