Back
News

Market wrap: Berkeley surges as house sales reach pre-pandemic levels

Shares in housebuilder Berkeley Group rose today after it reported that house sales had reached pre-pandemic levels.

The group also raised earnings expectations, saying that full-year returns will be 5% higher than it previously stated. Shares rose by 2.35% to 4,744p.

The news came as the FTSE 100 finished the day in the red, down 0.04% at 7,337 points, amid concerns that the British government may impose fresh Covid-19 restrictions.

The FTSE 250 also fell, by 0.04% to 22,229 points.

To send feedback, e-mail alex.daniel@eg.co.uk or tweet @alexmdaniel or @EGPropertyNews

Photo by Pexels

Up next…