Berkeley shares top FTSE 250 on upbeat guidance

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Investors like the look of the latest guidance from Berkeley Group.

The housebuilder said earlier that profits are likely to come in at the top end of analysts’ forecasts for the year to April. The London property market where it specialises “has now stabilised”, it said.

At pixel time, the shares were up by 5.2 per cent, making it the biggest gainer in the FTSE 250 index.

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