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Bellway p.l.c. (BWY.L)

LSE - LSE Delayed price. Currency in GBp
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2,150.00-154.00 (-6.68%)
At close: 4:35PM BST
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  • P
    Peter
    Big fall today. This virus has caused mass job losses, among the young who are the typical buyers of new homes.
  • P
    Peter
    Housebuilders are in a difficult place. The extra deaths put new property on the market. The extra jobless can't pay mortgage or rent. I will watch Bellway in 2020 to see how this firm will cope with a severe downturn in trade. BWY has lots of cash. It will need it. CO19 may produce the biggest economic shock since Wall street 1929. Wait until the dust settles before rushing to buy BWY.L.
  • Y
    Yahoo Finance Insights
    BWY.L reached a 52 Week low at $1936.50
  • Y
    Yahoo Finance Insights
    BWY.L is down 5.10% to $2439.00
  • P
    Peter
    Poor results from Vistry have hit the housebuilders. There will be a time to buy. Watch BWY, it will recover, slowly.
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