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Market wrap: Savills climbs as lockdown rules ease

Savills saw one of the sharpest surges in listed real estate today, rising to the second highest level in a year.

The rise came as lockdown restrictions eased in England, and daily infections fell to the lowest level in six months.

The FTSE 250 business saw stocks rise 3.28% to 1,164p.

Savills was outpaced only by regional developer One Heritage Group. The residential developer has seen a burst of inexplicable surges since its IPO last year. It climbed 8.82% to 37p.

Housebuilders Persimmon, Inland Homes and Barratt saw some of the largest drops, down 3.11%, 2.87% and 2.73% respectively.

The FTSE 100 dipped 0.07% at 6,736 and the FTSE 250 was down 0.24% at 21,435.

To send feedback, e-mail emma.rosser@egi.co.uk or tweet @EmmaARosser or @estatesgazette

Image © Paul Gillis/Shutterstock

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