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Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

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Share Price: 131.45
Bid: 131.55
Ask: 131.65
Change: 0.05 (0.04%)
Spread: 0.10 (0.076%)
Open: 131.05
High: 133.95
Low: 130.50
Prev. Close: 131.40
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London midday: Housebuilders fall as inflation data sparks rate-hike concerns

Tue, 15th Jul 2014 12:03

- UK inflation jumps to 1.9% in June- Carney highlights housing concerns- German ZEW survey disappoints- Yellen, US data in focus later ontechMARK 2,781.35 -0.46%FTSE 100 6,722.11 -0.36%FTSE 250 15,478.79 -0.64%Rate-hike speculation in the UK and disappointing economic data from Germany saw London stocks slip into the red by lunchtime on Tuesday.A good performance by mining heavyweights was being outweighed by weakness among housebuilders, with investors concerned about how future policy tightening will affect the demand for mortgages.The FTSE 100 was trading 0.4% lower at 6,722 by around midday, having erased gains after hitting a high of 6,764 early on.Stocks wobbled mid-morning after it was revealed that UK consumer-price inflation had jumped to an annual rate of 1.9% in June, up from 1.5% in May and just below the Bank of England's (BoE) target of 2%. Analysts had expected a small acceleration to 1.6%.Economist David Tinsley from BNP Paribas said: "Overall, some of this upward surprise may be the usual noise from timing and seasonal issues. But it's hard not to conclude that this looks like a good old fashioned UK inflation shock. If it persists in coming months it can only intensify the debate on the Monetary Policy Committee."Meanwhile, BoE Governor Mark Carney appeared before lawmakers this morning to discuss last month's half-yearly Financial Stability report as he highlighted concerns with the UK housing market.However, on the subject of rate hikes, he said the rate cycle "will be driven by the data [...]. We were concerned that markets were not reacting to data, a fairly long run of data, that was as good as expected, if not slightly better".The ZEW agency in Germany said its index of investor and analyst expectations, which aims to predict economic developments six months ahead, declined to 27.1 in July from 29.8 in June. Economists had predicted a drop to 28.2. "July's fall in German ZEW investor sentiment added to signs of a slowdown in the euro-zone's largest and strongest economy," Capital Economics said.Later on, Janet Yellen will be in focus as the Federal Reserve chief gives her semi-annual testimony to the Senate Committee. US retail sales and the Empire State manufacturing index will also be closely watched by markets.Miners gain, housebuilders fallA small rise in the prices of gold and silver helped precious metal miners Fresnillo, African Barrick Gold and Randgold to rise this morning. Gold prices were recovering after their biggest decline this year on Monday as the demand for safe-haven assets dropped on the back of renewed appetite for equities.Other miners such as BHP Billiton, Anglo American and Rio Tinto were also making gains.Housing and construction stocks dropped into negative territory as investors reacted to a surprise jump in inflation and comments from Carney. Barratt Developments, Persimmon, Taylor Wimpey, Redrow and Bovis Homes were all out of favour, along with estate agent chains Foxtons and Countrywide.Strong customer growth in the first quarter at Telecom Plus led to increasing confidence that the utility supplier will hit full-year profits expectations of 50% growth. Shares in the FTSE 250 company surged after it said it expected to gain increasing customers in the coming months due to regulatory changes in the energy industry.FTSE 100 - RisersFresnillo (FRES) 937.00p +1.90%Anglo American (AAL) 1,519.50p +1.20%BHP Billiton (BLT) 2,016.00p +1.15%Randgold Resources Ltd. (RRS) 5,135.00p +0.98%easyJet (EZJ) 1,256.00p +0.96%Severn Trent (SVT) 1,927.00p +0.94%Aberdeen Asset Management (ADN) 460.00p +0.92%Vodafone Group (VOD) 193.75p +0.86%Royal Mail (RMG) 487.10p +0.85%United Utilities Group (UU.) 883.00p +0.74%FTSE 100 - FallersBarratt Developments (BDEV) 357.20p -3.01%Hargreaves Lansdown (HL.) 1,123.00p -2.60%Sports Direct International (SPD) 705.00p -2.49%Wolseley (WOS) 3,161.00p -2.08%Schroders (SDR) 2,482.00p -2.01%Weir Group (WEIR) 2,638.00p -1.86%Persimmon (PSN) 1,226.00p -1.84%St James's Place (STJ) 750.00p -1.77%Aviva (AV.) 487.30p -1.58%Burberry Group (BRBY) 1,416.00p -1.53%FTSE 250 - RisersTelecom Plus (TEP) 1,328.00p +7.27%African Barrick Gold (ABG) 235.00p +3.71%Intermediate Capital Group (ICP) 389.30p +3.02%Domino's Pizza Group (DOM) 532.50p +2.90%Exova Group (EXO) 246.50p +2.71%Michael Page International (MPI) 439.50p +2.71%Daejan Holdings (DJAN) 4,873.00p +2.55%COLT Group SA (COLT) 135.00p +2.04%Grainger (GRI) 219.80p +2.04%Balfour Beatty (BBY) 226.10p +1.53%FTSE 250 - FallersFenner (FENR) 344.10p -3.61%Taylor Wimpey (TW.) 109.20p -3.45%Redrow (RDW) 243.10p -3.34%Pets at Home Group (PETS) 178.20p -3.15%Vesuvius (VSVS) 439.80p -2.66%Pace (PIC) 345.40p -2.57%Bovis Homes Group (BVS) 753.50p -2.52%Unite Group (UTG) 407.70p -2.46%Go-Ahead Group (GOG) 2,262.00p -2.25%Aveva Group (AVV) 1,996.00p -2.25%BC
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25 Apr 2024 08:16

UK's Persimmon confident for 2024, retains annual build target

Forward sales 1.75 bln stg vs 1.69 bln stg a year ago

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23 Apr 2024 09:10

Taylor Wimpey reiterates annual guidance after Spring selling season

(Alliance News) - Taylor Wimpey PLC on Tuesday said the Spring selling season is progressing as expected, allowing it to confirm its guidance for 2024.

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23 Apr 2024 07:43

LONDON BRIEFING: AB Foods lifts outlook as interim profit soars

(Alliance News) - Stocks in London are set to open up and add to Monday's gains, ahead of a slew of economic data.

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23 Apr 2024 07:31

Taylor Wimpey hails 'good start' to 2024 as market stabilises

(Sharecast News) - UK housebuilder Taylor Wimpey said it has made a solid start to the year with the market continuing to stabilise, with good levels of visitors to selling sites.

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16 Apr 2024 13:45

UK earnings, trading statements calendar - next 7 days

Wednesday 17 April 
Antofagasta PLCTrading Statement
Brooks Macdonald Group PLCTrading Statement
Entain PLCTrading Statement
Hays PLCTrading Statement
Inspecs Group PLCFull Year Results
Liontrust Asset Management PLCTrading Statement
M Winkworth PLCFull Year Results
Menhaden Resource Efficiency PLCFull Year Results
Rio Tinto PLCTrading Statement
Saga PLCFull Year Results
Thursday 18 April 
AJ Bell PLCTrading Statement
BHP Group LtdTrading Statement
Devolver Digital IncFull Year Results
Dunelm Group PLCTrading Statement
easyJet PLCTrading Statement
Foxtons Group PLCTrading Statement
HydrogenOne Capital Growth PLCFull Year Results
Keystone Law Group PLCFull Year Results
LBG Media PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Rentokil Initial PLCTrading Statement
Segro PLCTrading Statement
Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health 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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16 Apr 2024 13:43

UK shareholder meetings calendar - next 7 days

Wednesday 17 April 
Blue Star Capital PLCAGM
Hunting PLCAGM
Thursday 18 April 
Aquis Exchange PLCAGM
FW Thorpe PLCGM re executive share ownership plan
Harmony Energy Income Trust PLCAGM
Polar Capital Global Financials Trust PLCAGM
Segro PLCAGM
Team Internet Group PLCAGM
Friday 19 April 
Murray International Trust PLCAGM
Quantum Exponential Group PLCGM re delisting or potential investment in company
Monday 22 April 
Renalytix PLCGM
Travis Perkins PLCAGM
Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
  
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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12 Apr 2024 14:45

London close: Stocks mixed as data shows UK GDP growth

(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.

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12 Apr 2024 11:51

LONDON MARKET MIDDAY: February data spurs end of UK recession hopes

(Alliance News) - Stocks in London got a boost on Monday at midday, as investors were optimistic that the UK is heading out of its short lived recession.

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12 Apr 2024 09:55

LONDON BROKER RATINGS: JPMorgan raises Taylor Wimpey, Persimmon

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12 Apr 2024 09:11

RBC Capital upgrades Taylor Wimpey, downgrades Berkeley

(Sharecast News) - RBC Capital Markets upgraded Taylor Wimpey on Friday but downgraded Berkeley as it took a look at the two UK housebuilders.

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LONDON MARKET OPEN: Stocks get boost thanks to growth in UK economy

(Alliance News) - Stock prices in London opened higher on Friday, thanks to new data suggesting the UK economy is out of recession.

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12 Apr 2024 07:43

LONDON BRIEFING: UK economy grows again in February

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2 Apr 2024 16:57

LONDON MARKET CLOSE: Europe down after Easter holiday weekend

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2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

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London stocks round off March quarter with healthy gains

JD Sports climbs as pre-tax profit in line with guidance

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