Market wrap: Hammerson tops FTSE 350’s rising real estate stocks

UK stocks were up on Wednesday, a day of mixed news in which the government confirmed the discovery of yet another new strain of Covid-19 at the same time as rumours grew that a trade deal with the European Union might be agreed within hours. The index of London’s 10 largest listed companies finished the day at 6,459 points, a rise of about 42 points or 0.7%. The FTSE 250 was up by 347 points, or 1.7%, at 20,297. The most notable real estate rise across those indices came from Hammerson, shares in which were up by more than 7% to 25.49p. Capital & Regional soared, its shares rising by more than 41% to hit 78p, a high of more than four months. London & Associated Properties was the sector’s steepest faller, down by 5.6% at 8.5p. To send feedback, e-mail tim.burke@egi.co.uk or tweet @_tim_burke or @estatesgazette