Barclays shares slide after cash call Barclays, the UK bank, was the biggest faller on the FTSE 100 on Tuesday after announcing the launch of a massive rights issue to meet regulatory demands on leverage. Having revealed a £12.8bn hole in its balance sheet, the lender said it was looking to raise £5.8bn from shareholders to help plug the gap. The rights issue will be priced at 185p per share, equivalent to a 35 per cent discount to the theoretical ex-rights price. Shares in Barclays fell 5.5 per cent to 292.4p at the open. While Lloyds Banking Group and Royal Bank of Scotland fell 1.3 per cent to 67.8p and 0.9 per cent to 322p respectively, the better capitalised HSBC and Standard Chartered both rose in early trade. ITV, the free-to-air commercial broadcaster, which screens the worldwide smash hit talent show The X Factor in the UK, was the best performer on the FTSE after its interim results impressed. The company, which also makes Britain's Got Talent and Coronation Street, reported an 11 per cent rise in interim profit before tax of £179m, passing forecasts. Margins also rose more strongly than predicted. ITV's shares strode 5.6 per cent higher to 166p. Engineer GKN was up 5.5 per cent at 345p, after it reported a 5 per cent rise in interim profit of £278m. Next, the fashion retailer, rose 2.5 per cent to £50.21 after it lifted full-year profit growth guidance to a range between 2.2 per cent and 8.6 per cent. It was previously expecting growth between 1 per cent and 7 per cent. The increase came after interim sales rose 2.3 per cent. Overall, the FTSE 100 was up 35 points at 6,594.0, a gain of 0.5 per cent.