08-02-2017 18:38 via uk.news.yahoo.com

FTSE steadies as housebuilders offset weaker commodities

By Kit Rees and Atul Prakash LONDON (Reuters) - Britain's top share index steadied on Wednesday, underperforming European peers, as a drop in energy stock prices prompted by oil price weakness offset a rally led by housing stocks. Housebuilder Redrow was among the biggest gainers on the FTSE 250, up 4 percent after posting a rise in first half profit. "We have had a BUY recommendation on (Redrow) for a while and we stick with that both for absolute potential gain and also as part of our wider vi
Read more »