The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 148.90
Bid: 148.85
Ask: 148.95
Change: 1.10 (0.74%)
Spread: 0.10 (0.067%)
Open: 146.15
High: 149.40
Low: 146.15
Prev. Close: 147.80
TW. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE gains as UK mining index hits one-month high

Mon, 06th Jun 2016 15:49

(ADVISORY- Reuters plans to replace intra-day European and UKstock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report for moredetails)

* Blue-chip FTSE 100 index gains 1 percent

* Miners track metals prices higher

* Housebuilders hit by Brexit concerns

* Indivior falls on downgrade - trader

By Kit Rees and Atul Prakash

LONDON, June 6 (Reuters) - Britain's top share index climbedon Monday, with a rally in metals prices boosting the UK miningindex to a one-month high, although housebuilders fell onconcerns surrounding the June 23 referendum on the country's EUmembership.

The commodity-heavy FTSE 100 index was up 1 percentat 6,273.40 points by the close, outperforming the broaderEuropean market.

The UK mining index rose 6.5 percent to itshighest level since early May as prices of major industrialmetals advanced after a fall in the U.S. currency, makingdollar-priced commodities cheaper for holders of othercurrencies.

"Mining stocks are topping the FTSE 100 as the commoditiesspace benefits from a weaker U.S. dollar basket. The currency'sreversal of recent strength comes in response to Friday'ssurprisingly weak May U.S. jobs report," Mike van Dulken, headof research at Accendo Markets, said.

Miners Anglo American, Rio Tinto, BHPBilliton, Antofagasta and Glencore allrallied by between 5 percent and 11.1 percent.

Among the top fallers, however, British housebuilding stocksPersimmon, Barratt Developments and TaylorWimpey all fell by 1.1 percent to 1.6 percent after twoopinion polls showed that Britain's "Out" campaign to leave theEuropean Union was in the lead.

Brexit-related concerns saw the domestically-focused FTSE250 underperform, as it rose only 0.7 percent.

"We're in the final stages of the Brexit debate now, andanything with a strong UK exposure is starting to come under abit of pressure from traders that are looking at stocks...thatwill see significant downside if there is a vote to leave theEU," Jonathan Roy, advisory investment manager at CharlesHanover Investments, said.

Pharmaceuticals company Indivior fell more than 10percent with a trader citing a broker downgrade on the stock.Indivior had risen over 36 percent on Friday after winning apatent ruling on its main product, heroin substitute SuboxoneFilm.

ADVISORY- Reuters plans to replace intra-day European and UKstock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets for site in development). In a real-time, multimedia formatfrom 0600 London time through the 1630 closing bell, it willinclude the best of our market reporting, Stocks Buzz service,Eikon graphics, Reuters pictures, eye-catching research andmarket zeitgeist. Breaking news and dramatic market moves willcontinue to be alerted to all clients and we will continue toprovide a short opening story and comprehensive closing reports.

If you have any thoughts, suggestions orfeedback on this, please email mike.dolan@thomsonreuters.com.

Mike Dolan, Markets Editor EMEA. (Editing by Hugh Lawson)

More News
18 Jul 2023 11:58

LONDON MARKET MIDDAY: Ocado leads way but FTSE 100 flat

(Alliance News) - London's FTSE 100 was ever-so-slightly higher heading into Tuesday afternoon, supported by gains for housebuilding stocks on hope UK inflation is easing, and grocer Ocado.

Read more
17 Jul 2023 08:47

LONDON MARKET OPEN: Miners fall after disappointing China GDP print

(Alliance News) - Stock prices in London drifted into the red at Monday's open, as investors digested the latest set of concerning economic data from China, and awaited more earnings from big US companies.

Read more
13 Jul 2023 17:02

LONDON MARKET CLOSE: Pound hits USD1.31 amid tamer US inflation data

(Alliance News) - Stock prices in London closed higher on Thursday, and sterling hit the USD1.31 mark, as more data suggested that US inflation pressure is easing.

Read more
13 Jul 2023 12:15

Are higher rates the best way forward?

STOXX Europe 600 up 0.5%

*

Read more
13 Jul 2023 12:14

LONDON MARKET MIDDAY: Stocks extend gains after US inflation slowdown

(Alliance News) - Stock prices in London were higher at midday on Thursday, with equity markets continuing to celebrate an easing of US inflation, though less-than-stellar data from China and the UK tempered the mood slightly.

Read more
13 Jul 2023 11:25

BASF, LVMH and the crowding factor in beats & misses

STOXX Europe 600 up 0.5%

*

Read more
13 Jul 2023 09:57

Italy: the most overbought stocks in Europe

STOXX Europe 600 up 0.5%

*

Read more
13 Jul 2023 09:34

STOXX climbs as tech boost offsets homebuilder drag

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at .

Read more
13 Jul 2023 09:01

LONDON MARKET OPEN: FTSE 100 rises despite fall in housebuilders

(Alliance News) - Stock prices in London edged higher at Thursday's open, following data revealing a slight contraction in the UK economy in May, while the pound rose above the USD1.30 mark.

Read more
6 Jul 2023 11:57

LONDON MARKET MIDDAY: Stocks slump as rates expected to keep rising

(Alliance News) - Stock prices in London were firmly in the red at midday as the latest meeting minutes from the US Federal Reserve pointed to interest rates in the world's largest economy remaining higher for longer.

Read more
4 Jul 2023 09:57

JPMorgan downgrades Persimmon, reiterates cautious stance on housebuilders

(Sharecast News) - JPMorgan Cazenove downgraded Persimmon on Tuesday as it reiterated its cautious stance on the UK housebuilding sector.

Read more
4 Jul 2023 09:27

LONDON BROKER RATINGS: Dunelm, AstraZeneca and Persimmon cut

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
4 Jul 2023 08:50

LONDON MARKET OPEN: Tepid trade as housebuilders weigh on FTSE 100

(Alliance News) - London's FTSE 100 tread water in early dealings on Tuesday, with housebuilders on the back foot, and little movement elsewhere during what is expected to be a muted day for global markets due to a thin data calendar and a US holiday.

Read more
30 Jun 2023 09:22

LONDON MARKET OPEN: Stocks rise amid strong US economic outlook

(Alliance News) - European markets opened higher on Friday, shaking off weak economic data from China and instead taking heart from stronger economic growth from the US.

Read more
23 Jun 2023 12:09

LONDON MARKET MIDDAY: Housebuilders bear brunt of rate hike worries

(Alliance News) - Stock prices in London were lower heading into Friday afternoon, as a poor week for equities continued, with investors fretting over the prospect of central banks keeping interest rates higher for longer.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.