UK construction stocks rise on confidence of strong housing market

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UK markets were mixed this morning as UK construction stocks rose after Persimmon, the homebuilder, ...

UK markets were mixed this morning as UK construction stocks rose after Persimmon, the homebuilder, said it expected the housing market to remain sound. The FTSE 100 was marginally down 0.5 points to 5471.4 after rising at the open. The Techmark rose by 2.20 points to 1541.03. Among the gainers, Persimmon rose 12.5p to 396.5 after announcing a first-half profit growth of 39%. CRC Group gained 10p to 170p as it announced better-than-expected earnings per share for the first half of the financial year. Lynx Group advanced 2p to 88.5p after the software provider announced it had wo...

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