Berkeley Group was one of the biggest risers in the FTSE 100 today, despite reporting a 35% fall in its pretax profit and delaying its £445m return to shareholders by up to two years.
The housebuilder’s share price rose by 4.14% to 4,397p. That was the second highest percentage rise in the FTSE 100.
Other risers in the property sector included Henry Boot. Its share price ended the day up by 7.87% at 253.5p.
Ediston Property Investment’s share price fell by 7.25% to 49.9p per share. It was joined as one of the industry’s biggest losers today by intu, which saw its share price slide by 5.63% to 6.7p.
Overall the FTSE 100 and FTSE 250 both nudged up. The FTSE increased by 0.17% to 6,253 points, while the FTSE 250 rose by 0.67% to 17,582 points.
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