Share Prices & Company Research

Market News

28 Jun 2019 | 08:57

UK stocks open 0.2% higher, led by housebuilders

UK stocks opened higher on Friday, led by a rally in the housebuilding sector.

At 0851, the benchmark FTSE 100 index was up 11.78 points, or 0.2%, at 7.414.11.

Berkley, Taylor Wimpey, Barratt Developments and Persimmon rose 3.2%, 2.8%, 2.2% and 2.2%, respectively.

Retirement home developer McCarthy & Stone gained 2.7% as it welcomed news that the UK government had exempted the sector from a regulatory rent cap.

Infrastructure group John Laing fell 1.2% on warning that a mixed operational performance from some of its renewable energy assets could weigh on its first-half earnings.

Renewables Infrastructure Group was broadly flat after it made two onshore wind investments in France, for an undisclosed sum.

Woodford Patient Capital Trust gained 3.2% after the fund vowed to cut debt and said it wold considering a share buyback to lift its market value.

Video game developer Codemasters firmed 2.5% as it confirmed the release of car racing video game F1 2019.

Professional services company Norman Broadbent dropped 5.0% after it booked a full-year loss, as rising revenue was more than offset by higher operating expenses and financing costs.

West African focused gold miner Avocet Mining slumped 11% after it decided to place itself into voluntary liquidation.

Advanced materials company Versarien jumped 9.5% on news that it had secured its first graphene order from a US based company operating in the oil and gas exploration sector.

Marketing company Mporium shed 1.1% as its annual losses doubled on a more than halving of revenue. Story provided by
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.