The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

BUZZ-UK housebuilders: in the red again

Mon, 12th Jan 2015 10:44

** UK housebuilders under pressure after a trading updatefrom Taylor Wimpey which flags up slowing property market

** TW's update broadly in-line, but co notes lower rate ofprice growth

** Stock busiest stock on FTSE 100, with around 2/3of 90-day daily avg volume already traded, followed by BarrattDevelopments at around 1/3

** Share price falls extend those seen Friday when Jefferiesadded to bearish comments around UK property stocks from brokersas general election year gets underway

** Citi note out Monday broadly positive, with sectorsupported by a divi yield of about 5.7 pct for 2015 - butvaluations looking stretched after strong run in share prices

** Thomson Reuters UK Homebuilding index up25 pct in 2014; Barratt & Persimmon star performers lastyr - both up about 35 pct (RM: tricia.wright1.thomsonreuters.com@reuters.netRM:alasdair.pal.thomsonreuters.com@reuters.net)

Related Shares

More News
13 May 2024 11:14

Asda submits plans to redevelop store, build 1,500 homes in NW London

(Sharecast News) - UK supermarket group Asda on Monday revealed plans to redevelop a 10-acre site in North West London, hoping to create a new town ce...

10 May 2024 14:28

UK dividends calendar - next 7 days

10 May 2024 09:52

LONDON BROKER RATINGS: UBS raises Trainline, cuts Kingspan

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

8 May 2024 15:55

UK shareholder meetings calendar - next 7 days

7 May 2024 16:55

LONDON MARKET CLOSE: FTSE 100 driven higher by US rates optimism

(Alliance News) - Stock prices in London closed higher on Tuesday, in a strong start to the new week, with US interest rate optimism supporting equiti...

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.