FTSE: Pressure comes from housebuilding and retail sectors

A further round of sell recommendations from brokers cranked up the pressure on shares in the housebuilding and retail sectors today.

FTSE: Pressure comes from housebuilding and retail sectors
Wed, 11 Jun, 2008 - 12:32

A further round of sell recommendations from brokers cranked up the pressure on shares in the housebuilding and retail sectors today.

Casualties on the high street included Next, which fell 6% in the FTSE 100 Index, while jeweller Signet and Comet owner Kesa Electricals were impacted in the second tier.

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CourtsBusinessHeathrowPerson: Taylor WimpeyPerson: DebenhamsOrganisation: FTSEOrganisation: SignetOrganisation: CometOrganisation: Kesa ElectricalsOrganisation: Halifax Bank of ScotlandOrganisation: Royal Bank of ScotlandOrganisation: HBOSOrganisation: RBSOrganisation: PersimmonOrganisation: Merrill LynchOrganisation: Goldman SachsOrganisation: Dresdner KleinwortOrganisation: Barratt DevelopmentsOrganisation: BarrattOrganisation: RedrowOrganisation: CitiOrganisation: Kesa
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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