Barclays and RBS suspend trading after shares dive

Ryan Bembridge

June 27, 2016

barclays shares

Barclays and RBS briefly suspended share trading after incurring heavy losses on the London Stock Exchange this morning.

Barclays’ share price fell by 10.3% and RBS by 15%, triggering automatic circuit breakers that come into effect when share prices fall by more than 8%.

The shares went offline for five minutes to prevent even higher losses.

Barclays cuts rates for fixed mortgages

Barclays was trading at 138.95p, down 9.76%, while RBS was trading at 178.14p, down 13.30%.