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Trellows Investments

Investors in Purplebricks and Countrywide take fright over virus

Almost all quoted agencies and portals have suffered as a result of stock market investors being spooked by Coronavirus, with some of the more controversial players – especially Countrywide and Purplebricks – leading the falls.

At close of business yesterday late afternoon, this was the picture:

Countrywide, 175.0p, down 24.05%

Purplebricks, 53.5p, down 15.08%

Savills, 882.0p, down 11.67%

OnTheMarket, 61.03p, down 10.91%

Rightmove, 515.8p, down 7.83%

LSL Property Services, 265.0p, down 7.67%

Foxtons, 59.5p, down 5.71%

The Property Franchise Group, 188.0p, down 3.09%

Winkworth, 135.55p, den 1.42%

Hunters, 55.0p, up 0.92%