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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: 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
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London midday: UK stocks retreat on rate-hike uncertainty

Wed, 20th Aug 2014 12:00

- MPC split on rate decision for first time since 2011- FOMC minutes due out after the close- Ex-dividend stocks, Balfour Beatty weigh on market- Beverage shares hit by Carlsberg resultstechMARK 2,798.96 -0.07%FTSE 100 6,752.88 -0.39%FTSE 250 15,794.83 -0.63%UK equities retreated from a three-week high on Wednesday as investors took profits after five straight days of gains, with ex-dividend stocks providing a drag on the market.News that the Bank of England's Monetary Policy Committee (MPC) saw a split vote on interest rates for the first time in three years has also prompted an element of caution on the markets as rate-hike fears resurfaced.Meanwhile, the abrupt end to a ceasefire between Hamas and Israel as well as the reported killing of an American photojournalist by Islamic State militants dampened sentiment amongst traders, as geopolitical tensions once again sapped risk appetite.The FTSE 100 was trading down 0.4% at 6,753 by midday after having settled at 6,779.31 the previous session, its highest close since 29 July.Central bank minutes in focusWith economic data thin on the ground, the focus of Wednesday's trading session was on central banks in the UK and US.Minutes from the MPC meeting surprised economists by showing that two out of the nine members on the committee voted in favour of a rate hike - the first time this has happened since July 2011. The MPC agreed that the degree of spare capacity in the economy has narrowed though individual members continued to hold a wide range of views.Capital Economics senior UK economist Samuel Tombs said following the minutes that "it would be foolish to rule out the possibility of a 2014 rate hike". Meanwhile, Barclays Research analysts said they continue to foresee a rate hike in the fourth quarter of this year despite data showing a larger-than-expected dip in inflation in July.Minutes from last month's Federal Open Market Committee (FOMC) meeting in the States will be released at 19:00 and could also spark some volatility on financial markets worldwide. The FOMC delivered a relatively hawkish message about inflation at its latest meeting, lifting its medium-term forecasts for price rises. Investors may also be on the lookout for comments about the Fed's exit strategy from its quantitative easing programme which is on course to finish in October.Ex-div stocks fall, Balfour slumpsA number of blue chips were weighing on the market on Wednesday morning after going ex-dividend, including British American Tobacco, Hammerson, InterContinental Hotels Group, Mondi, Prudential, Rexam and Carnival. Stocks on the FTSE 250 trading without access to their latest dividend payouts included Brit, Catlin, Fidessa and Taylor Wimpey.Infrastructure firm Balfour Beatty saw shares sink sharply after the company rejected an improved merger offer from construction group Carillion and decided not to extend the 'put up or shut up' deadline that expires on Thursday. Analysts at Liberum said there is "little (if anything) Carillion can do ahead of [the] deadline" and that the group will have to wait until November to make another approach under UK takeover rules.Beverage companies Diageo, SABMiller and Stock Spirits were all trading in the red on negative readacross from Carlsberg after the Danish brewer said that sales have been hit by falling demand in Russia and Ukraine because of geopolitical tensions.Mining and trading giant Glencore was flat despite reporting an 11% increase in its interim dividend and unveiling a $1bn share buyback after profits rose in the first half of 2014.Meanwhile, a reduction in risk appetite was benefiting stocks in the defensive sectors such as utilities, with National Grid, SSE, Centrica and United Utilities among the best performers.Housebuilders such as Persimmon, Barratt Developments and Berkeley Group were pulling back after a decent performance on Tuesday, with renewed worries about a rate hike - and its potential impact on the UK housing market - hit share prices.FTSE 100 - RisersRoyal Mail (RMG) 451.20p +2.83%Hargreaves Lansdown (HL.) 1,122.00p +1.35%Kingfisher (KGF) 313.30p +0.87%SSE (SSE) 1,518.00p +0.86%Sage Group (SGE) 400.50p +0.86%Coca-Cola HBC AG (CDI) (CCH) 1,364.00p +0.81%Centrica (CNA) 317.00p +0.67%AstraZeneca (AZN) 4,266.50p +0.66%Standard Chartered (STAN) 1,223.00p +0.45%National Grid (NG.) 885.50p +0.45%FTSE 100 - FallersMondi (MNDI) 1,001.00p -2.15%CRH (CRH) 1,398.00p -2.10%British American Tobacco (BATS) 3,508.50p -2.04%Hammerson (HMSO) 603.00p -1.87%Barratt Developments (BDEV) 362.00p -1.79%3i Group (III) 385.10p -1.76%Royal Dutch Shell 'B' (RDSB) 2,507.00p -1.53%Old Mutual (OML) 193.90p -1.37%Royal Dutch Shell 'A' (RDSA) 2,403.50p -1.27%Persimmon (PSN) 1,333.00p -1.26%FTSE 250 - RisersFirstGroup (FGP) 126.10p +5.61%Keller Group (KLR) 889.50p +2.48%CSR (CSR) 582.00p +2.37%Diploma (DPLM) 667.50p +1.75%PayPoint (PAY) 1,093.00p +1.67%Imagination Technologies Group (IMG) 201.80p +1.66%Rightmove (RMV) 2,495.00p +1.55%Genus (GNS) 1,144.00p +1.24%Go-Ahead Group (GOG) 2,233.00p +1.22%Debenhams (DEB) 65.25p +1.16%FTSE 250 - FallersBalfour Beatty (BBY) 239.20p -6.56%Berkeley Group Holdings (The) (BKG) 2,433.00p -5.81%COLT Group SA (COLT) 141.00p -3.75%Domino's Pizza Group (DOM) 579.50p -3.17%Brit (BRIT) 252.40p -2.92%Soco International (SIA) 432.90p -2.87%Taylor Wimpey (TW.) 115.30p -2.86%Just Eat (JE.) 244.50p -2.86%Carillion (CLLN) 327.10p -2.85%Hikma Pharmaceuticals (HIK) 1,753.00p -2.83%BC
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11 Jan 2024 10:19

UK builder Taylor Wimpey warns of tough market despite drop in mortgage rates

Reiterates 2023 operating profit forecast

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11 Jan 2024 08:57

TOP NEWS: Taylor Wimpey order book and profits hit by tough market

(Alliance News) - Taylor Wimpey PLC on Thursday said that "sharp operational focus" had allowed them to survive the year's challenging market conditions, but said that the near-term outlook remains uncertain.

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11 Jan 2024 07:41

LONDON BRIEFING: M&S reports strong sales momentum; Tesco ups guidance

(Alliance News) - Stocks in London are tipped for a strong start on Thursday, as global equity markets benefit from optimism ahead of the US inflation print later in the day.

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11 Jan 2024 07:25

Taylor Wimpey's 2023 profits at top end of guidance

(Sharecast News) - Housebuilder Taylor Wimpey is set to deliver profits towards the top of guidance for the full year but said that the market remains "uncertain" despite a recent reduction in mortgage rates.

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10 Jan 2024 16:51

LONDON MARKET CLOSE: Tepid trade as investors await US inflation data

(Alliance News) - London's FTSE 100 ended lower on Wednesday, as its difficult start to the year continues, as investors have one eye on Thursday's US inflation data.

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10 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 falls as investors await rates clarity

(Alliance News) - Blue-chip European shares were lower early Wednesday afternoon, with the mood in equity markets uncertain ahead of Thursday's key US inflation report.

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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:

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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.

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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.

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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.

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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.

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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:

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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.

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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.

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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:

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