Sector movers: Real estate stocks under pressure

30th Nov 2010 13:42

Real estate is among today's worst performers.The only big news in the sector is that Speymill Deutsche Immobilien Company (SDIC) have been suspended because its debt providers have asked for receivers to be appointed to all of its property subsidiaries.This does not include the recently acquired GOAL property services business. AIM-quoted German property investor SDIC recently paid its former investment manager Speymill €1.03m plus €700,000 in unpaid fees for GOAL.The personal goods sector is one of today's best performers, led higher by the grooming products group Creightons, which eked out a profit in the six months to September 30 as sales soared. Top performing sectors so far todayAutomobiles & Parts 4,451.68 +1.17%Technology Hardware & Equipment 577.71 +0.93%Personal Goods 17,765.57 +0.68%Fixed Line Telecommunications 2,171.44 +0.49%Chemicals 6,192.57 +0.18%Bottom performing sectors so far todayIndustrial Metals & Mining 7,105.75 -1.54%Real Estate Investment & Services 1,431.11 -1.24%General Industrials 2,748.04 -1.22%Forestry & Paper 5,100.24 -1.15%Alternative Energy 3,461.92 -1.14%