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Market wrap: Vistry jumps on upbeat profit outlook

Housebuilder Vistry’s share price ended the day 3.2% higher at 1,262.4p, after raising its profit expectations.

Earlier today, Vistry said it has made a £166m adjusted pretax profit, far in excess of £10.3m in H1 2020 and ahead of market expectations.

The stock exchange’s REITs largely traded flat across the board, with top performer Capital & Regional up 1.8% at 66.4p. At the bottom was McKay Securities, down 1.8% at 220p.

Among the FTSE 250’s top risers of the day was 888 Holdings, which today confirmed it was in advanced talks with Caesars Entertainment on buying William Hill’s non-US operations. The online company rose by 1.8% to 414p.

The FTSE 100 closed just over 0.5% lower at 7,149 points. The FTSE 250 was down by 0.6%, at 24,097.

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Photo © Gerd Altmann/Pixabay

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