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Market wrap: Intu hits more than a month high

Intu Properties’ shares closed at their highest level in more than a month today.

The shopping centre owner gained 28% in trading, its shares ending the day at 6.92p, making the company one of the biggest risers in the FTSE All-Share.

Also on the up was Circle Property, which today announced a rise in portfolio valuation and NAV but delayed publication of its full-year results until September. The company’s shares rose by almost 7% to close at 181.5p.

Triple Point Social Housing REIT, which provides housing for individuals with care needs, saw its shares rise by roughly 4.5% after confirming that it expects all of its new site developments to be completed, despite the likely delays caused by the ongoing coronavirus pandemic.

Inland Homes gained almost 6% on the back of news that it has sealed a deal with Homes England to develop a £200m, 54-acre site in Basildon, Essex.

The FTSE 100 closed down 0.9%, while the FTSE 250 was down 2%.

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Photo: Image Source/REX/Shutterstock

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