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Market wrap: Positive trading update gives Capital & Regional a boost

Capital & Regional posted the biggest share price rise in London-listed real estate on Monday after an upbeat trading update.

The company highlighted “positive operational momentum with a solid performance over the Christmas trading period”, as well as improved rent collection.

Its shares ended the day up by 6% at 60p.

Taylor Wimpey topped the risers in the FTSE 100, up 4.2% at 160.4p.

The housebuilder said its full-year results, due in March, would show the company delivered “an excellent performance in 2021”. Profit is expected to be £820m.

Also among the day’s biggest gainers was BMO Commercial Property Trust, shares in which closed at a year-high of 111p. The company said this morning that it has struck several deals to add to its logistics portfolio.

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