Bellway rises on signs of improved demand

Shares in Bellway (BWY) rose 3% to £26.26 after the housebuilder said there were ‘clear signs’ of improving H1 demand. The positive sentiment helped lift shares in rival Barratt Redrow (BTRW), which reports earnings tomorrow. Share price: £26.26 (+3.2%) PE: 13.8x Market cap: £3bn Yield: 3% Reservations rising In a trading update covering the six … Continue reading Bellway rises on signs of improved demand