Stock analysis posts tagged "Housebuilders" from Openbook.
London's blue chips and its mid caps parted company in the week to Wednesday's close, as a new government equity-loan scheme sent housebuilders and their suppliers sharply higher while miners and energy dragged the FTSE 100 lower.
Three MPC members voted to raise UK rates and markets now price 4.75% by 2027. What a hiking cycle redistributes, told through Lloyds Banking Group.
Barratt Redrow jumped almost 12% on Wednesday as gilt yields backed away from 19-year highs, capping three choppy London sessions in which oil, UK inflation at 3.1% and a weak jobs report pulled the FTSE 100 in every direction.
The FTSE 100 spent Monday to Wednesday inching towards 10,900 before easing back, while a near-£10bn government affordable-homes allocation gave Vistry its best day since 2020 and a third straight fall in Brent weighed on BP and Shell.