Updated
Updated · MarketWatch · Apr 30Land Securities Group shares rally 2.07% in favourable trading
3 articles · Updated · MarketWatch · Apr 30
- The stock closed at £5.91 on Thursday as the FTSE 100 rose 1.62% to 10,378.82.
- Despite the gain, Land Securities ended 12.90% below its 52-week high of £6.79 reached on 4 February.
- Trading volume was 1.7 million shares, well below the stock's 50-day average of 3.4 million.
Can Land Securities' premium London properties defy the UK's looming economic storm and rising interest rates? Is bp's major new London lease a sign of corporate confidence or a risky bet against a property downturn?