Barclays is trading at $23.52, up 5.02%, in line with a broad rally in UK bank shares.
- UK bank shares rose 3.6% to 4.8% as the FTSE 100 advanced; markets responded to reduced uncertainty after the US midterm results and anticipated a Bank of England rate decision.
- Barclays completed its previously announced buyback and began a new £500 million programme. No source confirms that the programme caused the share move.