Savills’ share price has continued to soar at the start of a new week, with more than £250m added to the agency’s market capitalisation since 6 August.
The company’s shares have risen since interim results confirmed that a Covid-19 recovery is in sight, with revenue and profit rising. The stock has broken its own record high four times since then.
That run continued today, as the shares rose by 2% to a fresh high of 1,367p. That puts the company’s market cap at £1.95bn, up from £1.7bn on 6 August.
The FTSE 100 ended the day at 7,153 points, down by 0.9%, with the FTSE 250 at 23,712, down by 0.3%.
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