Ireland’s Glenveagh saw one of the sharpest jumps in trading today, rising 4.6%.
The increase followed half-year results revealing a return to profit and large revenue hikes. Glenveagh also inked a £67m forward funding deal with Eagle Street and said it will invest funds in a new timber factory to boost capacity.
The housebuilder ended the session at 1.05p, the highest value since its listing last September.
Elsewhere, Target Healthcare fell 3.4% on plans for a £100m equity raise at a 5.9% discount to yesterday’s closing share price. It ended at 118p.
A downbeat day for real estate also included losses for Civitas Social Housing (-2.1%) and U+I (-2%).
The FTSE 100 dipped 0.4% to 7,125 and the FTSE 250 nudged down 0.1% to 23,595.
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