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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: 144.00
Bid: 144.20
Ask: 144.25
Change: -0.60 (-0.41%)
Spread: 0.05 (0.035%)
Open: 145.45
High: 145.60
Low: 143.75
Prev. Close: 144.60
TW. Live PriceLast checked at -

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Sector movers: Housing and property stocks drop on fears of impending rate hike

Fri, 13th Jun 2014 14:12

The prospect of a sooner-than-expected rate rise in the UK pushed property stocks and housebuilders lower on Friday, as investors reacted to comments made by policymakers during the Mansion House speeches.Bank of England (BoE) Governor Mark Carney warned on Thursday that the first hike in interest rates may come sooner than markets predict. Carney indicated that the central bank could tighten policy in as soon as six months, compared with analysts' previous expectation of an rate increase in the second quarter of 2015.David Tinsley, UK Economist at BNP Paribas, said the Governor's comments "marked an important milestone" and that a rate hike in the fourth quarter of 2014 "is increasingly looking very likely".Meanwhile, Chancellor George Osborne moved to quell fears of rampant house-price inflation by giving the BoE powers to cap risky mortgage lending. He also announced a £5m fund to promote the development of brownfield sites in an effort to boost supply.Persimmon was among worst performers across the FTSE 350 today, dropping 6.6% to 1,216p on fears that a early rate hike and measures to rein in mortgage lending could stunt the demand for new homes. Barratt Developments, Taylor Wimpey, Bellway and Bovis Homes followed closely behind.Building products group CRH, rental equipment firm Ashtead and online estate agent portal Foxtons were also firmly in the red, Real estate groups didn't escape the sell-off either, with heavyweights British Land and Land Securities falling sharply, along with Great Portland Estates and Derwent London.Top performing sectors so far todayElectricity 9,882.54 +0.48%Oil & Gas Producers 8,690.52 +0.42%Bottom performing sectors so far todayGeneral Retailers 2,726.47 -3.50%Automobiles & Parts 8,695.27 -3.13%Real Estate Investment Trusts 2,762.19 -2.99%Real Estate Investment & Services 2,675.28 -2.67%Construction & Materials 4,427.06 -2.61%BC
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9 Mar 2023 00:01

UK house prices slide further but market pessimism eases: RICS

LONDON, March 9 (Reuters) - British property surveyors grew less gloomy about the prospects for the housing market in February as a slump in new buyer enquiries eased, but reports of falling house prices hit a 14-year high, a survey showed on Thursday.

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8 Mar 2023 09:20

LONDON BROKER RATINGS: Jefferies cuts John Wood to 'hold' from 'buy'

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

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8 Mar 2023 07:59

LONDON BRIEFING: UK insurers report mixed results and change chairs

(Alliance News) - Stocks in London are set to open lower on Wednesday, as markets saw any prospect of a dovish pivot from the US Federal Reserve dashed on Tuesday after its chair said rates would likely remain high.

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7 Mar 2023 08:56

LONDON MARKET OPEN: European markets subdued before Fed testimony

(Alliance News) - London's equities got off to a lukewarm start on Tuesday, as investor caution prevailed ahead of policy commentary by the head of the US central bank.

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3 Mar 2023 15:47

UK homebuilder Vistry to cut hundreds of jobs - Bloomberg News

March 3 (Reuters) - Vistry Group plans to cut around 200 jobs, Bloomberg reported on Friday, months after the British housebuilder's 1.25 billion pounds ($1.50 billion) purchase of rival Countryside and at a time the UK property market battles a downturn.

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2 Mar 2023 10:16

UK's Taylor Wimpey cuts jobs amid housing slowdown

Year-to-date sales rate till Feb. 26 at 0.62/outlet

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2 Mar 2023 09:16

TOP NEWS: Taylor Wimpey profit jumps; expects house completions fall

(Alliance News) - Housebuilder Taylor Wimpey on Thursday said 2022 was a year of "distinct halves", as it expects to complete up to 36% fewer houses in 2023 than in 2022.

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2 Mar 2023 09:13

LONDON MARKET OPEN: CRH shares jump as it plans US primary listing

(Alliance News) - Stock prices in London were lower early Thursday, with the FTSE 100 index being spared from a steeper fall thanks to a jump in CRH shares and a weaker pound.

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2 Mar 2023 07:57

LONDON BRIEFING: Taylor Wimpey expects house completions to drop

(Alliance News) - Stocks were called to open flat in London, with market attention on a raft of corporate earnings, as well as a eurozone inflation reading at 1000 GMT.

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2 Mar 2023 07:01

Taylor Wimpey flags weaker sales

(Sharecast News) - Taylor Wimpey warned on Thursday completions were likely to fall this year, the latest housebuilder to see higher mortgage rates and the cost-of-living crisis knock buyer confidence.

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1 Mar 2023 17:52

Commodity-linked stocks drive FTSE 100 higher on China demand hopes

Miners jump on higher commodity prices

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1 Mar 2023 17:00

LONDON MARKET CLOSE: FTSE 100 in the green while sterling slumps

(Alliance News) - Stocks in London were broadly higher at the close on Wednesday, with the FTSE 100 lifted by a strong performance from mining stocks, which were boosted by positive data out of China.

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1 Mar 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 up despite housebuilders disappointing

(Alliance News) - The FTSE 100 in London were higher in London on Wednesday around midday, as mining stocks helped boost the index after some disappointing news for housebuilders.

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1 Mar 2023 09:07

LONDON MARKET OPEN: Miners lift FTSE 100 as housebuilders fall

(Alliance News) - Positive data on the factory sector in China lifted London-listed mining stocks at Wednesday's open, helping to offset a decline in housebuilders to keep the FTSE 100 positive.

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28 Feb 2023 13:33

Sales trend in focus as British housebuilders fight slowdown

Feb 28 (Reuters) - British housebuilders Persimmon and Taylor Wimpey publish full-year earnings this week with analysts seeking to establish whether a protracted sector downturn is on the cards.

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