Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video 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: 141.40
Bid: 141.40
Ask: 141.50
Change: 2.20 (1.58%)
Spread: 0.10 (0.071%)
Open: 141.30
High: 141.65
Low: 139.60
Prev. Close: 139.20
TW. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Stocks rise as BoE holds fire, markets eye ECB

Thu, 04th Jul 2013 11:28

The FTSE 100 issued decent gains on Thursday morning, taking advantage of expected low volumes on the back of the Independence Day holiday in the States, with all eyes on central banks in the UK and Europe in the absence of any major economic data today.As expected, the Bank of England (BoE) stood pat, keeping its Bank Rate at 0.5% and maintaining the asset purchase programme at £375bn, at the first meeting led by new central-bank governor Mark Carney.In an unusually long statement alongside the decision, the BoE said that there have been "further signs that a recovery is in train" since the May Inflation Report, "although it remains weak by historical standards and a degree of slack is expected to persist for some time". The European Central Bank (ECB) is also due to release its announcement in the coming hours, but is predicted to follow suit with no change to policy.Speaking ahead of the press conference with ECB chief Mario Draghi later this afternoon, Matt Basi, Head of UK Sales Trading at CMC Markets, said: "A soothingly dovish statement is to be expected given the turmoils of Portugal and their rocketing yields over the past week, as the Italian seeks to reassure markets that the single currency isn't about to descend once more into chaos."Traders are also likely be on edge ahead of the all-important US jobs report scheduled for Friday afternoon, an event that it likely to factor into the Federal Reserve's decision on whether or not to begin 'tapering' stimulus. Meanwhile, crude prices remained elevated this morning, with West Texas Intermediate trading near a 14-month high, on concerns over supply from the Middle East after the removal of Egyptian President Mohamed Morsi by the military. Unrest across the country has prompted fears that the flows along the Suez Canal and Suez-Mediterranean Pipeline could be affected. FTSE 100: Banks providing supportRBS was making gains this morning after it was reported that rivals - including BNP Paribas, Commerzbank and Societe Generale - were considering bids for its retail products and equity derivatives business. The company was also in the focus on rumours that it has begun to shortlist candidates to replace CEO Stephen Hester.The stock was also given a boost by comments from Nomura which said that an improving housing market in the UK should rub off on domestic banks. The broker raised its rating for Lloyds from 'reduce' to 'neutral' as part of the sector review. Banking peers Barclays, Standard Chartered and HSBC were also higher this morning.Engineering and auto components group GKN was a high riser again today, extending gains after US vehicle sales data for June came in much better than expected. Figures from the UK this morning should a 13.4% year-on-year jump in new car registrations, providing a lift to the wider auto sector.Budget airline easyJet advanced after reporting a 1.9% increase in passenger numbers in June. Investors were shrugging off the news that the airline cancelled 585 flights during the month (compared to 22 flights a year ago), due to the French Air Traffic Control strike. Wood Group was also performing well after securing its sixth major North Sea contract extension this year. It has won a three-year contract from Nexen Petroleum UK to deliver operations, maintenance and technical support services to the Scott and Buzzard platforms.FTSE 250: Housebuilders jump early onBritish housebuilder Redrow surged after saying that its full-year profit will be above the top end range of market expectations as revenue rose 26% to £604.8m. The company said results for the year to June 30th were driven by a 15% increase in the number of homes legally completed to 282. Housebuilder Taylor Wimpey also 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. Sector peers Bellway and Barratt Developments also advanced this morning. Galliford Try edged higher also after saying that it has delivered record profits this year.However, it was Centamin that was the standout performer on the second-tier index this morning after shares in the Egyptian miner were lifted by the overnight developments in Egypt. Analysts at Investec said this morning: "Providing protests and disruptions do not result in fuel or explosives issues for [Centamin's Sukari] mine, CEY could continue as normal throughout this uncertainty."FTSE 100 - RisersGKN (GKN) 315.70p +2.57%easyJet (EZJ) 1,353.00p +2.50%Rolls-Royce Holdings (RR.) 1,166.00p +2.46%Royal Bank of Scotland Group (RBS) 276.50p +2.41%Tate & Lyle (TATE) 837.00p +2.39%Rio Tinto (RIO) 2,710.50p +2.32%Randgold Resources Ltd. (RRS) 4,278.00p +2.25%Persimmon (PSN) 1,240.00p +2.23%Old Mutual (OML) 185.00p +2.21%SABMiller (SAB) 3,182.00p +2.09%FTSE 100 - FallersSchroders (SDR) 2,191.00p -2.84%Whitbread (WTB) 3,085.00p -1.12%British Sky Broadcasting Group (BSY) 807.50p -0.80%Reckitt Benckiser Group (RB.) 4,673.00p -0.70%G4S (GFS) 224.90p -0.66%Tullow Oil (TLW) 1,056.00p -0.47%IMI (IMI) 1,289.00p -0.46%Hammerson (HMSO) 501.00p -0.20%Amec (AMEC) 1,000.00p -0.20%TUI Travel (TT.) 360.00p -0.06%FTSE 250 - RisersCentamin (DI) (CEY) 36.84p +18.27%Redrow (RDW) 234.40p +5.59%Taylor Wimpey (TW.) 101.80p +5.00%Lonmin (LMI) 268.00p +3.08%888 Holdings (888) 159.70p +3.03%Regus (RGU) 173.70p +2.84%Thomas Cook Group (TCG) 139.60p +2.72%Hiscox Ltd (HSX) 589.00p +2.52%Bellway (BWY) 1,339.00p +2.45%Barratt Developments (BDEV) 325.60p +2.39%FTSE 250 - FallersAlent (ALNT) 344.80p -2.46%United Drug (UDG) 322.20p -2.36%Bwin.party Digital Entertainment (BPTY) 122.90p -1.76%Domino's Pizza Group (DOM) 630.50p -1.71%Evraz (EVR) 100.90p -1.56%Hays (HAS) 88.45p -1.28%Britvic (BVIC) 498.80p -1.23%Smith (DS) (SMDS) 242.00p -1.22%Jupiter Fund Management (JUP) 289.70p -1.19%Man Group (EMG) 82.35p -1.14%
More News
8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

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

Read more
4 Jan 2024 14:01

UK earnings, trading statements calendar - next 7 days

Friday 5 January 
no events scheduled 
Monday 8 January 
no events scheduled 
Tuesday 9 January 
B&M European Value Retail SATrading Statement
Games Workshop Group PLCHalf Year Results
Wednesday 10 January 
Glenveagh Properties PLCTrading Statement
Greggs PLCTrading Statement
Gym Group PLCTrading Statement
Hunting PLCTrading Statement
J Sainsbury PLCTrading Statement
Nichols PLCTrading Statement
Persimmon PLCTrading Statement
Thursday 11 January 
Atrato Onsite Energy PLCFull Year Results
Ferrexpo PLCFull Year Results
Hilton Food Group PLCFull Year Results
Knights Group Holdings PLCHalf Year Results
Marks & Spencer Group PLCTrading Statement
MJ Gleeson PLCTrading Statement
Reach PLCTrading Statement
Robert Walters PLCTrading Statement
Taylor Wimpey PLCTrading Statement
Tesco PLCTrading Statement
Whitbread PLCTrading Statement
XP Power LtdTrading Statement
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
20 Dec 2023 17:11

LONDON MARKET CLOSE: Stocks in festive mood after inflation surprise

(Alliance News) - Stocks in London soared on Wednesday, outperforming European peers, after a sharp drop in the annual rate of UK inflation fuelled hopes for interest rate cuts next year.

Read more
20 Dec 2023 17:04

LONDON MARKET CLOSE: Slowing UK consumer inflation lifts local stocks

(Alliance News) - Stock prices in London closed up on Wednesday as local consumer price inflation slowing faster than expected boosted investor sentiment.

Read more
20 Dec 2023 11:56

LONDON MARKET MIDDAY: Stocks sparkle thanks to UK inflation data

(Alliance News) - Stock prices in London were higher at midday Wednesday, as investors felt the festive cheer thanks to cooler-than-expected inflation data for the UK.

Read more
18 Dec 2023 09:17

LONDON BROKER RATINGS: UBS cuts Barratt, Berkeley, lifts Taylor Wimpey

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

Read more
18 Dec 2023 07:55

LONDON BRIEFING: Games Workshop seals Amazon deal for Warhammer 40,000

(Alliance News) - Stocks in London were set to retreat slightly on Monday, in line with equity markets in Asia, at the start of the last week before the Christmas holidays.

Read more
14 Dec 2023 16:58

LONDON MARKET CLOSE: FTSE 100 jumps on US rate cut euphoria

(Alliance News) - London's FTSE 100 surged on Thursday, turbocharged by a US Federal Reserve pivot, though the Bank of England and European Central Bank struck a more cautious tone.

Read more
8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

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

Read more
7 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks muted amid pre-US jobs data nerves

(Alliance News) - London's FTSE 100 was slightly lower early on Thursday afternoon, with the mood in global markets cautious as investors eagerly anticipate Friday's US jobs data.

Read more
1 Dec 2023 11:50

LONDON MARKET MIDDAY: Miners lead FTSE 100 higher on Chinese data

(Alliance News) - Stock prices in London were higher at midday Friday, putting investors in a good mood as we enter the final month of the year.

Read more
1 Dec 2023 08:52

LONDON MARKET OPEN: Miners give FTSE 100 boost thanks to China PMI

(Alliance News) - Stock prices in London opened higher on Friday, with the FTSE 100 boosted by mining stocks.

Read more
17 Nov 2023 16:59

LONDON MARKET CLOSE: Europe shines but NY down at end of positive week

(Alliance News) - Equities in Europe ended a bullish week with more gains on Friday, shaking off an uncertain open in New York and a less-than-stellar UK retail sales reading.

Read more
15 Nov 2023 12:08

LONDON MARKET MIDDAY: UK inflation slowdown lifts retail and property

(Alliance News) - Stock prices in London were higher at midday on Wednesday, as investors reacted to a rapid slowdown in the UK annual inflation rate last month, alongside a cooling of US consumer price pressure and favourable data out of China too.

Read more
15 Nov 2023 09:41

LONDON BROKER RATINGS: Deutsche likes Compass; Numis cuts Elementis

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

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.