Housebuilder MJ Gleeson said it sold 1,723 homes over the last year, a 13.8% fall on the previous 12 months, “reflecting the downturn in the wider economy and the immediate impact on buyer confidence as a result of higher interest rates”. The London-listed firm adds that in the second half of the year the market
FTSE 100 recovers some ground after positive start for US stocks
The UK blue chip index is virtually flat as Dow moves higher on its 125th anniversary
FTSE 100 down just 2 points
US stocks open higher
3.22pm: Aveva moves to the top of the risers
With Wall Street staying in positive territory, the FTSE 100 has regained some ground and is trading virtually flat.
The index is down just 2.1 points at 7027.69, with Aveva PLC (LON:AVV) topping the risers. The software group is up 2.79% at 3421p in the wake of its recent results.
But banking shares continue to hold the market back, as do Intertek PLC (LON:ITRK) and British Land Company PLC (LON:BLND) following their figures.