Intu Properties’ share price took another tumble today, falling by more than a fifth during trading and closing at 4.63p. No company in the FTSE All-Share Index saw a steeper drop in percentage terms.
The shopping centre landlord’s stock has seen volatility for months now, remaining well below 10p a share since early March and hitting a low of 3.75p later that month.
There was a steep fall for small-cap Dukemount Capital, a specialist in sale-and-leaseback deals for supported-living properties that is branching into education and healthcare investments. The company, which raised £255,000 in new equity today, fell by more than 10% to 0.42p.
Also trading down was U+I, which slipped by 7% to 95.6p a share.
Notable property-focused risers included Impact Healthcare REIT, which gained 8.5% and finished the day at 96.6p, its highest level since mid-March.
The FTSE 100 rose by 2.3% during the session, finishing at 5,770. The FTSE 250 gained about 1.2% at 15,586.
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