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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: 148.75
Bid: 148.75
Ask: 148.85
Change: 1.60 (1.09%)
Spread: 0.10 (0.067%)
Open: 149.20
High: 150.00
Low: 147.75
Prev. Close: 147.15
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UPDATE 2-Rising HK tensions, trade angst knock FTSE; domestic shares rally

Mon, 11th Nov 2019 09:26

* FTSE 100 down 0.4%, FTSE 250 up 0.3%

* Stocks vulnerable to Asia dive on Hong Kong tensions

* Trade sentiment uncertain

* Baker Greggs jumps after forecast upgrade

* Election update lifts pound, domestic stocks
(Adds news items, analyst comments, updates to closing prices)

By Muvija M and Shashwat Awasthi

Nov 11 (Reuters) - A mix of rising tensions in Hong Kong,
dampened U.S.-China trade sentiment and a firmer pound hit the
exporter-heavy FTSE 100 on Monday, while domestic stocks rallied
after the Brexit Party lent some clarity ahead of the Dec. 12
election.

The FTSE 100 slid 0.4% as a violent escalation of
protests in Hong Kong knocked nearly 2% off Asia-exposed banks
HSBC and StanChart and drove mining stocks
lower.

The main bourse handed back nearly all the gains it
accumulated last week, as the latest Chinese data disappointed
and U.S. President Donald Trump cast doubt on the progress of
trade negotiations with Beijing.

The FTSE 250, dominated by more domestically focused
firms, added 0.3%. Baker Greggs soared 16.5% after it
forecast annual earnings ahead of expectations, its best day
since floating more than three decades ago.

While expectedly downbeat domestic growth figures did little
to move the needle, sterling jumped after Brexit Party leader
Nigel Farage said he would not contest Conservative-held seats
in the election.

"Price action suggests that the possibility of fewer
obstacles in the way of an outright Conservative Party majority
would be welcomed by sterling buyers," Cityindex analyst Ken
Odeluga said.

"Given the fact that a bigger Parliamentary Tory party could
pass Boris Johnson's Brexit deal more easily, uncertainty that
has hamstrung Britain's economy would be curtailed."

JPMorgan's basket of London-listed companies
that make their cash at home surged 1.3% and enjoyed its best
day in nearly a month.

Brexit-sensitive stocks such as housebuilders also cheered
the news, with blue-chips Taylor Wimpey, Persimmon
, Barratt and Berkeley up 2%-3.6%.

Political developments helped alleviate some gloom cast by a
Moody's report in which the rating agency had warned it may cut
Britain's sovereign debt rating again.

Small-cap Sirius Minerals ended 8.4% higher, having
surged nearly 40% earlier, as the fertiliser maker produced a
revised development plan for its North Yorkshire polyhalite
project.

AIM-listed ECO Animal Health shed 24% and hit its
lowest level in almost five years after the veterinary medicines
maker blamed an outbreak of African swine fever and the trade
war for a hit to its performance.
(Reporting by Muvija M and Shashwat Awasthi in Bengaluru;
Editing by Saumyadeb Chakrabarty and Mark Heinrich)

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(Alliance News) - London's FTSE 100 traded not far off its best-ever level at midday on Wednesday, with equities supported by a more bullish forecast for the UK economy and Federal Reserve Chair Jerome Powell taking a softer tone than feared in a speech on Tuesday.

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8 Feb 2023 09:58

UK's Barratt cuts dividend as housing slowdown bites

Forward sales plunges more than 35% as at Jan. 29

*

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6 Feb 2023 10:46

Liberum downgrades Taylor Wimpey on valuation grounds

(Sharecast News) - Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector.

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3 Feb 2023 12:15

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30 Jan 2023 11:00

UK tells housing firms: Pay to fix unsafe buildings or face development ban

LONDON, Jan 30 (Reuters) - Housing companies will be blocked from new development work unless they agree to pay for cladding removal and other repairs on unsafe multi-storey buildings - a bill totalling 2 billion pounds ($2.5 billion) - the British government said on Monday.

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23 Jan 2023 09:41

LONDON BROKER RATINGS: Jefferies cuts Berkeley; HSBC cuts St James's

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

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23 Jan 2023 09:09

LONDON MARKET OPEN: Stocks open higher; hawkish ECB boosts euro

(Alliance News) - Stock prices in London opened higher on Monday, as investors were hopeful that cooling US inflation and weakening economic data will slow the pace of interest rate hikes by the Federal Reserve.

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16 Jan 2023 16:51

LONDON MARKET CLOSE: FTSE 100 extends win streak with record in sight

(Alliance News) - London's FTSE 100 edged closer to a record high on Monday, with housebuilders and retailers among the star performers at the start of the week.

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16 Jan 2023 12:20

LONDON MARKET MIDDAY: Stocks firm ahead of BoJ decision, UK inflation

(Alliance News) - Stock prices in London were broadly higher at midday on Monday as market optimism remained positive.

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16 Jan 2023 09:34

LONDON BROKER RATINGS: SocGen raises Severn Trent to 'buy'

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

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13 Jan 2023 17:21

CORRECT: LONDON MARKET CLOSE: Stocks up as investors cheer UK GDP data

(Correcting that sterling strengthened at the London equities close on Friday).

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13 Jan 2023 17:12

LONDON MARKET CLOSE: Stocks higher as investors cheer UK GDP print

(Alliance News) - Stock prices in London closed near a record high on Friday after the UK economy defied expectations in November by recording marginal growth.

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13 Jan 2023 08:58

TOP NEWS: Taylor Wimpey announces cost cutting programme as sales down

(Alliance News) - Taylor Wimpey PLC on Friday set out a cost cutting programme as sales remain "significantly" below levels seen before the third quarter of 2022, when mortgage rates started to rise.

Read more
13 Jan 2023 08:50

Taylor Wimpey looks at job cuts to rein in costs, lowers homebuilding target

Aims at annualised savings of 20 mln stg

*

Read more

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