Tclarke (CTO)

Sector:

Construction and Building Materials

Index:

FTSE Fledgling

159.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 163.25
  • 52 Week Low: 118.50
  • Currency: UK Pounds
  • Shares Issued: 52.88m
  • Volume: 122,006
  • Market Cap: £84.34m
  • RiskGrade: 148

Sector movers: CRH, Balfour Beatty lift construction sector

Date: Friday 23 Jan 2015

LONDON (ShareCast) - M&A speculation surrounding CRH and a broker upgrade for Balfour Beatty were giving the UK construction and materials sector a lift on Friday.
Building materials firm CRH was 2.5% higher, extending gains made on Thursday after confirming speculation that it was in talks to buy some of Lafarge and Holmium's assets ahead of their proposed merger.

Mike van Dulken from Accendo Markets said the potential purchase "could bolster CRH's market presence in the region easily thanks to overlapping business allowing simple integration of new businesses with existing operations".

Balfour Beatty was up nearly 5% as the stock continued to rise following a well-received update the previous session after a less-than-expected profit warning from its UK construction division.

Numis Securities upgraded its rating on the stock from 'hold' to 'add', saying that the KPMG review into the business "should draw a line under issues" and the company is "turning the corner".

James Halstead, Henry Boot, Galliford Try, Michelmersh Brick, Polypipe and Tyman were also in demand in London.

Building services firm T Clarke was also extending gains after a well-received update on Thursday, in which it said that market conditions were improving, particularly in London.

On a negative note, glass fibre insulation group Superglass was bucking the trend with shares down 6% after the announcement that non-executive director David Gray was stepping down in April after six years.



Top performing sectors so far today
Food Producers & Processors 8,168.75 +2.52%
Construction & Materials 4,477.10 +2.50%
Personal Goods 26,663.32 +2.09%
Fixed Line Telecommunications 4,873.80 +2.05%
Household Goods & Home Construction 12,998.14 +1.57%

Bottom performing sectors so far today
Mining 13,550.28 -3.44%
Oil Equipment, Services & Distribution 15,365.52 -3.11%
Industrial Metals & Mining 1,705.80 -1.08%
Automobiles & Parts 8,765.41 -0.98%
Chemicals 11,837.66 -0.82%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tclarke Market Data

Currency UK Pounds
Share Price 159.50p
Change Today 0.50p
% Change 0.31 %
52 Week High 163.25
52 Week Low 118.50
Volume 122,006
Shares Issued 52.88m
Market Cap £84.34m
RiskGrade 148

Tclarke Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.19% above the market average51.19% above the market average51.19% above the market average51.19% above the market average51.19% above the market average
70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average
Price Trend
56.11% above the market average56.11% above the market average56.11% above the market average56.11% above the market average56.11% above the market average
12.20% above the sector average12.20% above the sector average12.20% above the sector average12.20% above the sector average12.20% above the sector average
Income
74.53% above the market average74.53% above the market average74.53% above the market average74.53% above the market average74.53% above the market average
56.25% above the sector average56.25% above the sector average56.25% above the sector average56.25% above the sector average56.25% above the sector average
Growth
23.00% above the market average23.00% above the market average23.00% above the market average23.00% above the market average23.00% above the market average
51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average

Tclarke Dividends

  Latest Previous
  Final Interim
Ex-Div 16-May-24 31-Aug-23
Paid 07-Jun-24 29-Sep-23
Amount 4.53p 1.38p

Trades for 21-May-2024

Time Volume / Share Price
11:04 99,000 @ 159.00p
17:09 3,550 @ 159.08p
17:09 7,141 @ 159.08p
13:59 49 @ 160.00p
13:59 391 @ 159.00p

Tclarke Key Personnel

CEO Mark Lawrence
Finance Director Trevor Mitchell

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