Hammerson topped the list of today’s biggest fallers in the FTSE 250 index, ahead of its first-half results tomorrow.
The REIT ended the day down 6.8%, at 55.96p. The retail landlord confirmed earlier this week that it was gearing up to raise cash “by way of a rights issue”.
At the other end of the scale, IWG was one of the FTSE 250’s biggest risers, bouncing back after yesterday’s market update.
The flex office space provider saw its shares rise by 11.4%, ending today’s trading at 248p.
Yesterday, shares in the company fell by 1.33% after the company revealed it had taken a £155.8m hit as a result of coronavirus during H1.
Other real estate companies making gains today included SEGRO, which enjoyed a 2.5% boost to 987.6p after reporting a solid performance for the six months ending 30 June.
The FTSE 100 ended the day up 1.14% at 6,104.72. The FTSE 250 ended the day up 1.91% at 17,638.30.
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