Defensives weigh on FTSE 100, homebuilders jump

  • Reuters
  • Stock Market News
Defensives weigh on FTSE 100, homebuilders jump
Credit: © Reuters.

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* FTSE 100 down 0.1%, FTSE 250 up 0.4%

July 9 (Reuters) - The FTSE 100 headed lower on Thursday, pressured by a selloff in financial and defensive sectors, while homebuilders jumped on signs of a pickup in the housing sector.

Persimmon PSN.L , Taylor Wimpey TW.L and Barratt Development BDEV.L jumped to the top of the FTSE 100 after data showed buyers returned to Britain's property market last month as it reopened from a coronavirus-led lockdown. also pointed to strong reservations since reopening its sales offices. blue-chip index .FTSE was down 0.1%, with consumer staples and utilities stocks the biggest drags. The mid-cap FTSE 250 .FTMC added 0.4%, tracking gains in Asian stocks on hopes that an economic recovery in China remained intact. MKTS/GLOB

Recruiter Robert Walters RWA.L jumped 4.8% as it said it was performing in line with market forecasts for the full year despite reporting a fall in second-quarter net fee income.

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