{"id":105110,"date":"2026-01-16T08:14:11","date_gmt":"2026-01-16T13:14:11","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=105110"},"modified":"2026-01-16T08:14:11","modified_gmt":"2026-01-16T13:14:11","slug":"barclays-shares-hit-record-high-as-rally-continues","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/barclays-shares-hit-record-high-as-rally-continues\/105110\/","title":{"rendered":"Barclays shares hit record high as rally continues"},"content":{"rendered":"<div class=\"flex flex-col text-sm pb-25\">\n<article class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-WEB:513e5c95-4bb0-43c1-966f-f72ce0a820a5-8\" data-testid=\"conversation-turn-10\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @w-sm\/main:[--thread-content-margin:--spacing(6)] @w-lg\/main:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"3ad7cafd-0194-48f7-bca6-1e86e8f44369\" data-message-model-slug=\"gpt-5-2\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[1px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words dark markdown-new-styling\">\n<p data-start=\"56\" data-end=\"306\">Barclays shares are trading near their highest level on record after a strong multi month rally. The stock has risen for 5 straight months and is now up about 683% from its pandemic low. The surge has pushed the bank\u2019s market value above \u00a367 billion.<\/p>\n<p data-start=\"308\" data-end=\"418\">The rally has drawn attention to what could come next for the stock, which some analysts now see as stretched.<\/p>\n<p data-start=\"420\" data-end=\"641\">Barclays has been closely watched this year after comments by Donald Trump about capping US credit card interest rates at 10%. He raised the issue while focusing on cost of living concerns ahead of the mid term elections.<\/p>\n<p data-start=\"643\" data-end=\"878\">The proposal raised concerns for banks with large US credit card businesses. Barclays is one of them. Analysts, however, believe such a cap would face legal challenges. There is currently no law that allows the government to impose it.<\/p>\n<p data-start=\"880\" data-end=\"1083\">At the same time, Barclays has benefited from a boom in trading and deal making, especially in the United States. Major US banks such as Goldman Sachs and Morgan Stanley recently reported strong results.<\/p>\n<p data-start=\"1085\" data-end=\"1304\">Data shows that the top 5 US banks generated a record $134 billion in trading revenue last year. That was helped by market volatility and political uncertainty. Trading revenue rose 15%, the biggest increase in 5 years.<\/p>\n<p data-start=\"1306\" data-end=\"1522\">Investment banking activity has also picked up. Deal making rebounded as demand for equity and debt underwriting improved. Many banks have been working through a backlog built up since the 2021 surge in transactions.<\/p>\n<p data-start=\"1524\" data-end=\"1662\">Analysts expect Barclays to benefit from the same trends. The bank is one of the largest global players in investment banking and trading.<\/p>\n<p data-start=\"1664\" data-end=\"1893\">Its most recent results already point in that direction. Barclays reported more than \u00a33.1 billion in investment banking income, up from \u00a32.9 billion a year earlier. Its statutory return on tangible equity rose to 10.1% from 8.8%.<\/p>\n<p data-start=\"1895\" data-end=\"2114\">The bank also raised its guidance for the year. It announced a \u00a3500 million share buyback and said it would begin paying a quarterly dividend. The move forms part of a broader plan to return \u00a310 billion to shareholders.<\/p>\n<p data-start=\"2116\" data-end=\"2327\">Barclays shares have also gained as investors believe its motor finance issues are close to being resolved. The bank booked a \u00a3235 million charge to compensate customers. It had previously set aside \u00a390 million.<\/p>\n<p data-start=\"2329\" data-end=\"2502\">Sentiment improved further after Chancellor Rachel Reeves delivered her budget speech. She chose not to introduce windfall taxes on banks, easing concerns across the sector.<\/p>\n<p data-start=\"2504\" data-end=\"2638\">From a technical perspective, the stock has rallied sharply. Shares have climbed to around 484p from a low near 116p in 2022 and 2023.<\/p>\n<p data-start=\"2640\" data-end=\"2827\">Some caution signs are emerging. The relative strength index has risen to 77, which is considered extremely overbought. The stock is also trading well above its long term moving averages.<\/p>\n<p data-start=\"2829\" data-end=\"2908\">This raises the risk of a pullback as prices move back toward historical norms.<\/p>\n<p data-start=\"2910\" data-end=\"3019\" data-is-last-node=\"\" data-is-only-node=\"\">The next major test for the rally will come on February 10, when Barclays reports its full financial results.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Barclays shares are trading near their highest level on record after a strong multi month rally. The stock has risen\u2026<\/p>\n","protected":false},"author":294,"featured_media":105111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[34997,33979],"class_list":["post-105110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-barclays","tag-top-stories"],"reading_time":"3 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/105110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=105110"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/105110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/105111"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=105110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=105110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=105110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}