Financial Times FT.com

Profit-taking weighs on FTSE

By Neil Hume and Robert Orr

Published: February 13 2008 08:37 | Last updated: February 13 2008 20:16

Housebuilders were under pressure Wednesday following the publication of another gloomy industry survey.

Persimmon fell 2.6 per cent to 726p and Taylor Wimpey lost 2.7 per cent to 173.1p after the survey from the Royal Institution of Chartered Surveyors showed that the stock of unsold property on surveyors’ books jumped more than 10 per cent in January.

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