Could be an interesting week coming up. This news story in times today. 1st part of story here.
"Property underpins FTSE as it nears the 5,300 mark Peter Stiff: Market Report
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The FTSE 100 ended the week just short of the 5,300 mark, posting its third consecutive day of gains after shaking off disappointing economic data in the US.
The benchmark index closed 19.88 points higher at 5,296.38, its highest close in 14 months. Trading volumes proved tepid most of the day and sentiment briefly turned negative after a survey compiled by Reuters and the University of Michigan pointed to the lowest US consumer confidence levels in three months.
Most of the strength was provided by property companies ahead of British Land’s results next Tuesday. The company was up 13½p to 498¼p and led a spike in the sector with Liberty International up 19p at 504p, Hammerson gaining 10p at 445p and Land Securities putting on 16p to hit 726½p."
