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Market wrap: Estate agency Winkworth hits fresh high

AIM-listed estate agency M Winkworth was the sharpest-rising real estate stock in London trading at the start of the week, its shares hitting an all-time high.

The company said earlier this month that its half-year revenue had doubled year-on-year, and that profit had soared. Its chief executive added that its expansion strategy had been “vindicated” by the results.

The company’s shares rose by 3.4% today to reach 214p, their highest closing price on record.

Tritax Eurobox was trading down at €1.29 a share, in line with a discounted share issue that raised £213m for its acquisition strategy.

And Supermarket Income REIT edged down 0.8% to 120p, despite sounding a bullish note as it confirmed £113m-worth of new investments.

The FTSE 100 was down by 0.9% at 6,903 points. The FTSE 250 was down by 1.1% at 23,401 points.

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