Builders lifted by Nationwide price figures, while banks boost FTSE 100 | Business | guardian.co.uk
Ahead of yet another long weekend the market is moving higher, but in very thin trading, with housebuilders among the main gainers.
As the Nationwide reported a better than expected 0.3% rise in house prices in May, investors have decided to pile into the building sector. No matter that the increase is not really much to write home about, and that the market still looks lacklustre at best, Bovis Homes is 13.9p better at 450.9p while Barratt Developments has added 3.2p to 114.6p and Berkeley is up 29p at £11.28. Rachael Waring at Panmure Gordon said: .....
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