FTSE 250 movers: Housebuilders on the up

14th Aug 2009 11:57

Housebuilders and real estate stocks are among the mid-cap index's top performers.An upgrade to 'buy' from 'hold' by RBS has helped put housebuilder Taylor Wimpey among the top 10 risers.RBS, which lifts its target price on Taylor Wimpey to 47p from 37p, said the firm's recent results continued the more robust tone of recent updates.Fellow housebuilders Bellway, Persimmon and Barratt are also higher.Elsewhere in property, talk of a bid for FTSE 100-listed British Land has lifted stocks across the real estate sector and central London-focused property developer Derwent London and UK Commercial Property Trust are among the top 10 risers.FTSE 250 - RisersEuromoney Institutional Investor (ERM) 286.00p +10.42%Bodycote (BOY) 163.40p +6.24%Taylor Wimpey (TW.) 42.78p +6.18%Bellway (BWY) 856.00p +5.55%Persimmon (PSN) 509.00p +5.40%DS Smith (SMDS) 87.35p +5.24%Barratt Developments (BDEV) 240.20p +5.07%FirstGroup (FGP) 378.70p +4.76%UK Commercial Property Trust (UKCM) 73.50p +4.70%Derwent London (DLN) 1,177.00p +4.62%FTSE 250 - FallersMelrose Resources (MRS) 333.20p -2.17%BH Global GBP Shares (BHGG) 1,045.00p -2.06%New FCPT Ltd. (FCPT) 84.00p -1.75%Lancashire Holdings (LRE) 444.10p -1.55%Meggitt (MGGT) 203.50p -1.50%Xchanging (XCH) 212.00p -1.40%Britvic (BVIC) 343.80p -1.35%QinetiQ Group (QQ.) 135.20p -1.31%SThree (STHR) 221.50p -1.29%Dunelm (DNLM) 272.20p -1.27%