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Market wrap: British Land defies FTSE 100 slide

British Land was among the top FTSE 100 risers today, defying the index’s 2.29% slip amid rising tensions between the US and China.

The landlord’s shares closed up 2.5% at 407.3p, after Canada’s Brookfield Asset Management disclosed a 7.3% stake in the business worth around £264m.

Outside of the FTSE 100 other notable risers included Shaftesbury, which ended the day up nearly 4% at 627p, after rival Capco yesterday confirmed that it was in talks to buy a significant stake in the landlord.

Elsewhere, intu was one of the biggest fallers on the stock exchange today after shares dived 18.6% to 5.09p.

The FTSE 100 finished the session at 6,076.6. The FTSE 250 was down 1.7%, at 17,042.96.

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