Blimey, what’s happened to the Barclays share price?
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Just over a month ago, the FTSE 100 index hit a record high of 8,908.82 points on 3 March. As I write on Monday afternoon (7 April), it stands at 7,738.24, down 13.1% in five weeks. But many Footsie stocks have been hit much harder, such as the Barclays (LSE: BARC) share price.
Blame the Trump slump
Also on 3 March, Barclays shares hit a multi-year high of 316p, before easing back to close at 311.1p. By my calculations, this took the stock close to a 15-year high, reached following the collapse of the shares during the global financial crisis of 2007-09.
As Barclays shareholders, my wife and I were pleased to see this value play paying off handsomely for our family portfolio. Alas, our…