The top FTSE indices were both down on Friday, taking the FTSE 100 to a 1.9% fall since Monday (closing at 6,736 points) and the FTSE 250 to a 2.1% drop over the week (finishing up at 20,616 points).
The day’s notable real estate movements included a 5.5% share price lift for LSL Property Services, which this morning said its businesses had enjoyed a strong December performance that would prove a boost to 2020 profit. The company’s stock ended the day at 269p a share.
Savills shares rose by 2.4% to 1,039p, their highest level since before the UK entered its first Covid-19 lockdown back in March. The agency said yesterday that its businesses in the UK and Asia would drive year-end results at the top end of expectations.
The day’s sharpest fall was suffered by Palace Capital, which dropped by almost 4.8% to a two-month-plus low of 190p.
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