Thursday, July 24, 2008

summer washout?

U.K. Homebuilding Rally `Overdone,' Cazenove Says

July 24 (Bloomberg) -- A recent rally in U.K. homebuilder shares has been ``overdone'' and the stocks may fall back during the summer amidst further negative housing data and possible land writedowns, analysts at JPMorgan Cazenove Ltd. said.

Posted by ash4781 @ 07:29 PM (2865 views)
Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>