Shares in Savills reached a fresh high in trading on Thursday.
The agency’s stock rise of almost 6% meant it outpaced every other company across the FTSE 350 index to end the day at 1,302p.
Its shares have risen sharply since last week’s interim results, in which the company posted big boosts in revenue and profit.
Empiric Student Property edged up 1.6% to 101.6p, its highest since before the first Covid-19 lockdown, after reporting a rise in half-year profit despite revenue dropping by a quarter year-over-year.
The day’s sharpest real estate-focused stock fall was from online estate agency Purplebricks, which fell for a third consecutive day following the announcement of a new operating model for its field sales agents that will add £1m in administrative costs each year and a one-off hit of up to £4m. Shares fell by 3.7% today to 63p, their lowest since last November.
The FTSE 100 ended the day at 7,193, a drop of 0.4%, with the FTSE 250 at 23,746, down just 0.04%.
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