Property stocks knock FTSE lower

Land Securities Group is the biggest loser with a fall of 3.02% to £19.57, as it announced it will focus on development and outsourcing, as growth is slowing across some segments of the traditional property investment markets. HSBC Holdings is also down 1.58% to 932.5p, closely followed by Liberty International which is down 1.45% to £12.27, while DSG International has slipped 1.37% to 173.3p, as it admitted it will incur restructuring and impairment charges of between £180m and £200m. Carnival has fallen 1.39% to £24.76, although losses are being limited by 3I Group which has advanced ...