Friday, November 09, 2007

Update on Barclays shares suspension

More on the story that Barclay's shares were suspended for a period at mid-day today.

This really just goes to show how nervous the market is at the moment about the sub-prime crisis.

I note there is very little about the story in the MSM. Is this a sign that they have been asked to layoff in case of another run on a bank. BBC at this time(14:50) has only this story on Barclay's from a week ago. Maybe a sign of the "clunking fist" in action.

Maybe it's just lucky the weather storms are the main news rather than the Financial Storms.

Barclay's shares remain steady at the moment at 456.75 down 29.50 on the day.

Update at 17:46: Is some one playing with the market? This article from Robert Peston the BBC Business editor is quite interesting. Barclay's shares finished at 474.50 down 11.75 on the day.

Barclays shares suspended after plunge | This is Money

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