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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: 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 -

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Sector movers: Rolls-Royce cash return lifts aero/defence stocks

Thu, 19th Jun 2014 14:55

Aerospace and defence stocks were leading the risers on Thursday after engineering giant Rolls-Royce impressed investors with an unexpected £1bn cash return.Shares in Rolls jumped over 7% today after the firm pledged to buy back £1bn of shares if it succeeds in selling its energy gas turbine and compressor business to Germany's Siemens."We do not believe the share buyback was expected by investors and, as such, we think it is likely to be taken very positively," analysts at Investec said.Rolls also announced yet another memorandum of understanding with a Chinese nuclear reactor vendor, its third in as many days. As with the other two MoUs, the agreement will see Rolls work more closely with the vendor, in this case CNNC, on civil nuclear power in China, the UK, as well as overseas markets. Sector peers BAE Systems, Meggitt, Senior, Cobham, Ultra Electronics and QinetiQ were also performing well this afternoon.Elsewhere, housing and construction stocks were rebounding as concerns about a sooner-than-expected rise in interest rates have dented sentiment in recent days. Before today's bounce-back, the sector had lost 5% of its value since Bank of England (BoE) Governor Mark Carney said on June 12th that a rate increase could come within six months.Barratt Developments, Ashtead, CRH, Travis Perkins and Taylor Wimpey were all in positive territory today, helped by comments from BoE policymaker Martin Weale who said that he didn't see the need for an immediate rate hike.Furthermore, a number of analysts have attempted to downplay fears among the housebuilders this week, saying that the recent falls have been overdone."Given we expect a rate hike to be associated with improving economic conditions, we expect limited impact on market conditions," JPMorgan said on Tuesday.Top performing sectors so far todayAerospace and Defence 5,015.49 +3.71%Construction & Materials 4,414.41 +2.20%Forestry & Paper 11,740.78 +1.87%Mining 16,642.62 +1.57%Tobacco 40,813.14 +1.45%Bottom performing sectors so far todayMobile Telecommunications 4,453.22 -0.53%BC
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UK scraps some water pollution rules to boost homebuilding

LONDON, Aug 29 (Reuters) - Britain said on Tuesday it would remove some European Union rules it had retained post-Brexit that were meant to curb water pollution, to enable thousands of new homes to be built, a move environmentalists said would further spoil dirty rivers.

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UK housebuilders enjoy boost as government relaxes waterway rules

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LONDON MARKET CLOSE: FTSE 100 tips into red as housebuilders struggle

(Alliance News) - Stocks in London were lower at the close on Monday, with the FTSE 100 tipping into the red as its blue-chip housebuilders were hurt by less-than-stellar data from Rightmove and a profit warning from FTSE 250 peer Crest Nicholson.

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LONDON MARKET MIDDAY: Crest Nicholson warning hits housing shares

(Alliance News) - Stock prices in London were mixed at midday Monday, after a profit warning from Crest Nicholson, as well as some poor data from Rightmove, rattled stocks in the housebuilding sector.

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UK's Crest Nicholson warns on profit amid housing worries

Shares fall 14% to hit lowest level since Sept 2020

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