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FTSE 250 movers: Crest Nicholson slumps on warning; Indivior up on settlement
UK home builder Crest Nicholson lowered annual profit forecasts after a worsening of the housing market amid rising inflation and interest rates.
Crest Nicholson shares slump as profit guidance lowered
UK home builder Crest Nicholson lowered annual profit forecasts after a worsening of the housing market amid rising inflation and interest rates.
Europe midday: Shares extend gains; SBB slumps as CFO quits
European shares extended gains at midday on Monday as investors digested a cut in China's key interest rate, while shares in Swedish property developer SBB slumped as the firms chief financial officer quit.
Europe open: Shares up as investors mull China rate cut; UK housebuilders slump
European shares opened higher on Monday as investors digested a cut in China's key interest rate.
Asking prices for UK homes drop sharply in August - Rightmove
UK advertised house prices have fallen again as surging borrowing costs deter first-time buyers, according to estate agent Rightmove.