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Market wrap: Hammerson tops FTSE falls

Hammerson lost almost 8% of its stock market value on Monday, following a volatile week for the much-shorted stock.

The company’s shares ended the day at 21.39p – the drop of 7.6% was steeper than any other stock in the FTSE 350.

There were also falls for Capco (down 3%), Shaftesbury (-2.9%) and British Land (-1.9%).

Among the day’s biggest real estate rises was IWG, up by 5.3% to 330.2p per share.

The FTSE 100 ended trading at 6,466, up by 0.9%, while the FTSE 250 was up 0.8% at 20,392.

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Image © Paul Gillis/Shutterstock

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