ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BARC Barclays Plc

184.42
2.90 (1.60%)
Last Updated: 15:20:57
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Barclays Plc LSE:BARC London Ordinary Share GB0031348658 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.90 1.60% 184.42 184.40 184.42 185.68 182.82 183.32 20,939,036 15:20:57
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 25.38B 5.26B 0.3470 5.35 28.12B

EUROPE MARKETS: European Stocks Fall From Record, But Signs Of Economic Recovery Crop Up

03/03/2015 11:01pm

Dow Jones News


Barclays (LSE:BARC)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Barclays Charts.

By Carla Mozee, MarketWatch

LONDON (MarketWatch) -- European stocks fell Tuesday, stepping away from the record highs reached after better-than-expected German and Spanish data showed upbeat developments in both economies.

The Stoxx Europe 600 fell 0.9% to 387.68, with all sectors finishing in the red, including a roughly 1.3% drop in the financial group. The index in recent sessions has been hitting its best levels since 2007, with analysts attributing the gains to an anticipated flood of liquidity from the European Central Bank's asset-purchase program.

Investors will watch for remarks about the program and prospects for the eurozone economy when the central bank meets Thursday.

Germany on Tuesday issued data showing improvement in retail sales in Europe's largest economy. Sales climbed 2.9% in January over December, a reading that beat expectations of a 0.3% decline. Sales surged 5.3% on a 12-month basis, the fastest growth rate since June 2010.

"Cheap oil, healthy income gains, low interest rates and fading risks combined for a very strong start to the year for German retailers," Berenberg senior economist Christian Schulz wrote following the data. "Private consumption looks set to be a major growth driver in 2015 and, at this rate, would put a severe upside risk to our forecast of GDP growth of merely 0.3% [on a quarter-over-quarter basis in the first quarter]."

See:'Legendary' German retail data signal Europe is turning a corner. (http://www.marketwatch.com/story/legendary-german-retail-data-signal-europe-is-turning-a-corner-2015-03-03)

Germany's DAX 30 looked poised after the retail data to notch its 21st record close of 2015, but investors booked recent gains and ushered the index lower by 1.1% to a closing level of 11,280.36.

The Employment and Social Security Ministry in Spain, meanwhile, said that country's jobless claims unexpectedly and sharply fell by a seasonally adjusted 13,538 in February. Spain's IBEX 35 had risen after the report, putting it on track for its best close since April 2010, but eventually gave up those gains to end down 1.5% at 11,014.70.

Tuesday's decliners included Barclays PLC , whose shares were down 3.2% as fines and legal costs pushed the banking heavyweight to a yearly net loss of 174 million pounds (http://www.marketwatch.com/story/barclays-posts-net-loss-on-fines-legal-costs-2015-03-03) (or $267.4 million). That drop put pressure on the U.K.'s FTSE 100 , which closed 0.7% lower at 6,899.13. (http://www.marketwatch.com/story/ftse-100-pushes-to-record-high-but-glencore-barclays-fall-2015-03-03)

France's CAC 40 also turned lower, closing with a loss of 1% at 4,869.25.

Meanwhile, Greece's Athex Composite rose 0.3% to 861.24, as Russia's Micex index gained 1.4% to 1,807.70.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Barclays Chart

1 Year Barclays Chart

1 Month Barclays Chart

1 Month Barclays Chart

Your Recent History

Delayed Upgrade Clock