Housebuilders saw an average 6.5% jump in their share prices following the election
Listed housebuilders have enjoyed marked jumps in their share prices today following the result of the UK general election.
A sample of seven housebuilders saw an average rise of 6.5% in their share prices by mid-afternoon on 8 May 2015, as investors reacted positively to an unexpected majority government for the Conservatives.
Previous analysis conducted by ΞΆΓάΘ¦ has shown , with analysts attributing the positive impact of Tory policies such as the Help to Buy scheme.
All the firms’ share prices were compared with the previous day’s close on Thursday 7 May.
Listed housebuilder gains
Taylor Wimpey
Β£16.58 > Β£17.68 (6.5%)
Bellway
Β£19.73 > Β£20.97 (6.3%)
Redrow
Β£3.83 > Β£3.97 (4.1%)
Bovis Homes Group
Β£9.49 > Β£9.97 (5.5%)
Barratt Developments Plc
Β£5.14 > Β£5.50 (7.2%)
Persimmon
Β£16.56 > Β£17.54 (6.1%)
Berkeley Group Holdings
Β£24.90 > Β£27.36 (9.84%)
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