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Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

London Stock Exchange
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Share Price: 139.20
Bid: 138.40
Ask: 138.50
Change: 5.50 (4.11%)
Spread: 0.10 (0.072%)
Open: 134.55
High: 139.20
Low: 133.85
Prev. Close: 133.70
TW. Live PriceLast checked at -

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London close: BoE and ECB relieve market angst

Thu, 04th Jul 2013 17:36

As might have been expected, in their first meeting with Mark Carney at the helm the Monetary Policy Committee [MPC] managed to surprise markets by introducing a first taste of the much-vaunted forward policy guidance.Although analysts' reactions seem to be somewhat mixed, with some seeing hints of a forthcoming increase in quantitative easing and others exactly the opposite, there is unanimity as regards some points. In particular, the MPC does seem united in their preoccupation with the recent rise in market rates. As well, it seems clear that Carney means to introduce changes in the bank's communications policy, although it remains to be seen how fast he will be allowed to go. Worth calling attention to, at least one Strategist, Ishaq Siddiqi at ETX Capital, highlighted the following: " [...] Big surprise on that side with BoE saying the Fed's intentions to taper asset purchases has led to a rise in market interest rates which weighs on the UK economic outlook."Acting as a backdrop, Portuguese bond yields retreated as the smaller of Portugal's two coalition political parties, the CDS, made conciliatory noises, reducing market angst at the prospect of the government falling apart in that Iberian country. For now most market experts do not seem overly worried by the risk of contagion from Portugal and the immediate risk of a political upheaval seems to have been contained, nevertheless "austerity fatigue" in the Eurozone periphery may be a far larger risk than some would like to think, muses Alex Bueso, Editor in Chief at Digital Look. In any case, late in the session European Central Bank [ECB] Chief Mario Draghi weighed in with his own introduction of "forward guidance" in that central bank's communication and policy strategy. Draghi assured his audience that Eurozone interest rates would stay low "for an extended period of time" That led to another leg higher in stocks over on the Continent. In parallel, for now at least events in Egypt seem to be progressing in a peaceful manner. All of the above came on a day of low trading volumes on the back of the Independence Day holiday in the States and ahead of tomorrow's monthly employment report in America.FTSE 100: Banks led gainsRoyal Bank of Scotland (RBS) gained following news its rivals were considering bids for its retail products and equity derivatives business. BNP Paribas, Commerzbank and Societe Generale are mulling over bids for some or all of the business, Bloomberg reported, citing people with knowledge of the matter.easyJet rallied after the low-cost airline announced a 1.9% rise in passenger numbers in June.Gold miner Randgold Resources rose after US broker Citigroup upgraded the stocks to 'neutral' from 'sell' on Thursday, citing the group's debt-free position and the potential of new mine Kibali.On the downside, Schroders dipped as the asset manager said it has launched sterling hedged share classes on two of its European funds and two Japan-focused products. Security services company G4S slumped after Deutsche Bank reiterated a 'hold' rating in a note issued to investors on Wednesday.Whitbread arose after weakness earlier in the session as analysts at Nomura reiterated their recommendation to clients to buy.Gold miner Centamin saw shares jump by nearly a sixth on Thursday after the President of Egypt, where its flagship Sukari mine is located, was ousted by the military. Centamin has been involved in a legal dispute with Egypt's administrative court since the government came into power, regarding the validity of its Sukari licence.Analysts at Investec said on Thursday that while the political chaos in the country is "unsettling", it may not be necessarily bad for Centamin which had only encountered tenure issues since Mohamed Mursi was elected. "Providing protests and disruptions do not result in fuel or explosives issues for the mine, CEY could continue as normal throughout this uncertainty," they said.Housebuilders also performed well this afternoon after a series of upbeat trading updates. Taylor Wimpey rose after trading at the upper end of company expectations during the first half of its financial year, following improvements across most of its markets in the UK. Redrow said that full-year profit will be above the top end range of market expectations, while Galliford Try reported that it had delivered record annual profits, in line with consensus forecast. Sector peers Bellway and Barratt Developments were also in demand.FTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 284.10p +5.22%Wolseley (WOS) 3,200.00p +5.09%Standard Chartered (STAN) 1,496.50p +4.83%Rolls-Royce Holdings (RR.) 1,191.00p +4.66%GKN (GKN) 322.10p +4.65%Anglo American (AAL) 1,263.00p +4.64%CRH (CRH) 1,352.00p +4.64%HSBC Holdings (HSBA) 711.40p +4.48%Johnson Matthey (JMAT) 2,786.00p +4.42%Persimmon (PSN) 1,266.00p +4.37%FTSE 100 - FallersSchroders (SDR) 2,236.00p -0.84%British Sky Broadcasting Group (BSY) 812.50p -0.18%Pearson (PSON) 1,206.00p +0.92%Travis Perkins (TPK) 1,525.00p +0.93%Imperial Tobacco Group (IMT) 2,288.00p +0.93%G4S (GFS) 228.60p +0.97%Tullow Oil (TLW) 1,072.00p +1.04%Reckitt Benckiser Group (RB.) 4,762.00p +1.19%Weir Group (WEIR) 2,105.00p +1.35%William Hill (WMH) 458.30p +1.42%FTSE 250 - RisersCentamin (DI) (CEY) 35.75p +14.77%Lonmin (LMI) 281.00p +8.08%IP Group (IPO) 150.00p +7.53%Fidessa Group (FDSA) 2,035.00p +7.22%Redrow (RDW) 237.90p +7.16%Taylor Wimpey (TW.) 103.80p +7.07%Regus (RGU) 179.60p +6.34%Daejan Holdings (DJAN) 3,972.00p +6.20%AZ Electronic Materials SA (DI) (AZEM) 333.40p +6.18%Telecom Plus (TEP) 1,350.00p +5.55%FTSE 250 - FallersHalfords Group (HFD) 310.40p -1.30%Essar Energy (ESSR) 124.00p -0.64%United Drug (UDG) 328.40p -0.48%Atkins (WS) (ATK) 1,057.00p -0.47%Countrywide (CWD) 538.00p -0.37%Perform Group (PER) 489.00p -0.20%Devro (DVO) 291.50p -0.17%Direct Line Insurance Group (DLG) 227.30p -0.13%Kentz Corporation Ltd. (KENZ) 380.10p -0.11%Ocado Group (OCDO) 304.00p -0.03%FTSE TechMARK - RisersNCC Group (NCC) 141.00p +11.68%Promethean World (PRW) 13.00p +4.00%Optos (OPTS) 118.50p +2.60%Ark Therapeutics Group (AKT) 0.48p +2.13%E2V Technologies (E2V) 120.00p +1.48%Wolfson Microelectronics (WLF) 153.75p +1.15%Emblaze Ltd. (BLZ) 50.00p +1.01%Sepura (SEPU) 126.25p +1.00%Innovation Group (TIG) 28.00p +0.90%Vislink (VLK) 32.50p +0.39%FTSE TechMARK - FallersPhoenix IT Group (PNX) 153.50p -2.23%RM (RM.) 64.00p -1.92%Parity Group (PTY) 28.50p -1.72%Antisoma (ASM) 1.50p -1.64%BATM Advanced Communications Ltd. (BVC) 15.25p -1.61%Vectura Group (VEC) 77.00p -1.28%SDL (SDL) 289.00p -0.69%CML Microsystems (CML) 476.50p -0.21%Kofax (KFX) 332.00p 0.00%Triad Group (TRD) 10.50p 0.00%WB
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26 Feb 2024 08:46

LONDON MARKET OPEN: Stocks mixed; housebuilders fall on CMA probe

(Alliance News) - Stock prices in London saw a muted open on Monday, with housebuilders in focus amid an investigation into suspected anti-competitive behaviour.

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26 Feb 2024 07:52

UK housebuilders face CMA probe over info sharing, home quality

(Sharecast News) - Britain's competition watchdog has started an investigation into eight housebuilders over evidence they may have been sharing information which could be harming competition in the sector and influencing prices.

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26 Feb 2024 07:47

LONDON BRIEFING: CMA investigates housebuilders; Bunzl profit up 10%

(Alliance News) - Stocks in London are expected to edge lower on Monday, as investors are shift their attention to this week's economic data.

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23 Feb 2024 09:19

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

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

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21 Feb 2024 15:14

UK earnings, trading statements calendar - next 7 days

Thursday 22 February 
Anglo American PLCFull Year Results
Genus PLCHalf Year Results
Hargreaves Lansdown PLCHalf Year Results
Hays PLCHalf Year Results
Hikma Pharmaceuticals PLCFull Year Results
Indivior PLCFull Year Results
Jupiter Fund Management PLCFull Year Results
Lloyds Banking Group PLCFull Year Results
ME Group International PLCFull Year Results
Mondi PLCFull Year Results
Morgan Sindall Group PLCFull Year Results
Pantheon International PLCHalf Year Results
Rolls-Royce Holdings PLCFull Year Results
WPP PLCFull Year Results
Friday 23 February 
City of London Investment Group PLCHalf Year Results
Irish Residential Properties REIT PLCFull Year Results
Standard Chartered PLCFull Year Results
Monday 26 February 
Base Resources LtdHalf Year Results
Bunzl PLCFull Year Results
EnSilica PLCHalf Year Results
Kosmos Energy LtdFull Year Results
Made Tech Group PLCHalf Year Results
Tristel PLCHalf Year Results
Tuesday 27 February 
abrdn Equity Income Trust PLCFull Year Results
abrdn PLCFull Year Results
Croda International PLCFull Year Results
Kitwave Group PLCFull Year Results
McBride PLCHalf Year Results
PCI-PAL PLCHalf Year Results
Smith & Nephew PLCFull Year Results
Synectics PLCFull Year Results
Uniphar PLCFull Year Results
Unite Group PLCFull Year Results
Wednesday 28 February 
AB Dynamics PLCTrading Statement
ASA International Group PLCTrading Statement
Aston Martin Lagonda Global Holdings PLCFull Year Results
Avingtrans PLCHalf Year Results
Bluefield Solar Income Fund LtdHalf Year Results
Derwent London PLCFull Year Results
Glenveagh Properties PLCFull Year Results
Grit Real Estate Income Group LtdHalf Year Results
Hutchmed China LtdFull Year Results
International Personal Finance PLCFull Year Results
Just Eat Takeaway.com NVFull Year Results
Primary Health Properties PLCFull Year Results
Reckitt Benckiser Group PLCFull Year Results
Renewables Infrastructure Group LtdFull Year Results
RHI Magnesita NVFull Year Results
St James's Place PLCFull Year Results
Taylor Wimpey PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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19 Feb 2024 11:51

LONDON MARKET MIDDAY: Stocks lack direction amid quiet start to week

(Alliance News) - Stock prices in London lacked direction at midday Monday, amid a quiet start to the week.

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18 Feb 2024 23:26

Sunday newspaper round-up: Currys, Barclays, Homebuilders

(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph

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14 Feb 2024 16:53

LONDON MARKET CLOSE: Investors celebrate steady UK inflation

(Alliance News) - Stock prices in London closed higher on Wednesday, after data showed that the UK's annual inflation rate was steady last month, defying expectations of an acceleration.

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14 Feb 2024 15:23

London close: Stocks rise as UK inflation holds steady

(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.

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13 Feb 2024 16:53

LONDON MARKET CLOSE: Stocks in red amid sticky US inflation data

(Alliance News) - Stock prices in London closed in the red on Tuesday, after a key US inflation reading came in hotter-than-expected.

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13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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13 Feb 2024 12:06

LONDON MARKET MIDDAY: Stocks fall but pound up before US data

(Alliance News) - Stock prices in London were on the decline on Tuesday afternoon, with sentiment tetchy ahead of a US inflation report later.

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13 Feb 2024 08:48

LONDON MARKET OPEN: Slow start ahead of US inflation reading

(Alliance News) - Stock prices in London opened lower on Tuesday, with a stronger pound and interest rate sensitive stocks keeping a lid on the FTSE 100, following more robust than expected UK labour market data.

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9 Feb 2024 11:44

LONDON MARKET MIDDAY: European markets quiet heading into afternoon

(Alliance News) - European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.

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