Property firms were among those companies which endured a bruising day on the stock market yesterday.
Countrywide share prices hit a new low yesterday, to hover above 10p.
In early trading, they fell over 2%, from 11.4p to 10.6p, although picked up a little at the end of the day to 10.8p.
The London Stock Exchange gave Countrywide a market capitalisation – the part of it publicly listed – at just under £178m.
Purplebricks’ shares fell some 4.8p to under £2, for the first time in almost two years.
They ended the day at 196.7p.
In percentage terms, Hunters were a big faller, down almost 13% yesterday, finishing at 40p. OnTheMarket’s stock tumbled 4.3p, to finish at 122.5p – well below its launch price of £165p back in February, and its high of 181p in May.
Foxtons’ stock looked miserable after falling around 1%, to finish at 49.4p – close to this summer’s record low of 45.5p.
The consistent performer that is LSL saw no change in its share price, and the same went for both Belvoir and The Property Franchise Group.
Rightmove bucked yesterday’s trends with a rise of 2.%, to 447p.