Savills falls 1.63% on FTSE 250

FTSE 100 image

Savills’ shares fell 1.63% to 966.50p on the FTSE 250 on Tuesday as the agency announced a UK management shakeup ahead of Mark Ridley’s appointment as group chief executive next January.

Sainsbury’s shares continued to rise off the back of its proposed merger with Asda. The UK supermarket giant’s shares gained 1.78% on the FTSE 100 during the day to 314.5p, an 18.25% increase over the last five trading days.

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