A jump in the London market today left two of the best-known shopping centre owners on opposite sides in the rankings of risers and fallers.
The FTSE 100 closed up 4.3% at 6,048. The FTSE 250 rose by 3.6%, to 16,230, while the broader FTSE All-Share ended the day at 3,320, up 4.1%.
In a rising market, one of the biggest gains was seen by Hammerson. The FTSE 250 REIT was up almost 11% to 58.96p per share. The only company in the FTSE All-Share to rise more in percentage terms was microfinance specialist ASA International Group, which ended the session up by almost a quarter.
But while Hammerson rose, rival intu Properties fell, dropping by 4% to 4.15p, its lowest price since early April. The company confirmed today that it has asked lenders for a standstill arrangement on its borrowing until December 2021.
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