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Market wrap: LSL hits six-year high on £200m jv plans

Friday’s trading was largely uneventful, with the FTSE 100 and 250 indices closing practically flat. 

The biggest property-related rise of the session was from LSL Property Services, up by 5.1% to 353p, a near-six year high. The company said today that it has lined up a £200m mortgage broker joint venture with Pollen Street Capital and is eyeing bolt-on acquisitions for the new business.

On a quiet day, a notable fall in share price made Workspace Group stand out for the wrong reasons – the flexible office group topped the list of the FTSE 350 fallers after losing 4.5% to finish trading at a month-low of 798.5p.

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Photo © Stuart Bailey/Pixabay

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