Civitas Social Housing REIT saw the sharpest drop in trading today, following a series of allegations from short-seller ShadowFall, which Civitas refutes.
This weekend, The Times reported accusations from ShadowFall claiming the REIT did not disclose all details in transactions.
Despite rebuffing the allegations, FTSE 250-listed Civitas saw its share price dive by 6.6%, to 93.3p – its lowest level since the start of the pandemic.
Elsewhere, Henry Boot was bolstered by a positive trading update, as profit exceeded expectations. The developer nudged up 0.4% to 288p.
The FTSE 100 climbed by 0.6% to 7,068 points and the FTSE 250 rose by 0.2% to 23,776 points.
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