Good News On the Home Front

The JournalOctober 27, 2004

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Summary


Housebuilders Bellway and Barratt Developments were both strongly ahead yesterday. The share price rises were partly fuelled by the market's reaction to a trading update from Southern-based Westbury, which revealed that profits were up substantially.

It said the company was cautious that a slow down in the housing market may affect the forthcoming period, it still believed the fundamentals in the UK housing market were attractive.

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Extract


Good News On the Home Front

Investors appeared to agree, marking shares higher acros...

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