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Market wrap: IWG continues to slide

IWG is among the FTSE 250’s biggest fallers today on the stock exchange, as it continues to endure a slump in its share price after issuing a profit warning yesterday.

Following a drop of more than 10% at the start of the week, the office space provider has ended the day 3.3% down at 318.1p. 

Capital & Regional posted the biggest decline out of all listed landlords, dropping by 4.27% at 76.2p.

Elsewhere, housebuilders have fallen back. Taylor Wimpey fell by 1.9% to nearly 170.1p, while Barratt Developments was down by 1.3% at 758.4p.

Landlords posting share price rises today include Hammerson, up by nearly 2% at 42.3p, and SEGRO, which rose by 1.9% at 1,086.5p.

The FTSE 100 finished the session up 0.2% at 7,095 points, while the FTSE 250 stayed largely flat at 22,895.

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Image © Paul Gillis/Shutterstock

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