Blue-chip housebuilding stocks are under more selling pressure after FTSE 250-listed Crest Nicholson issued a profit warning today.
The rest of the FTSE 100 index is at risk of extending its losing run into a seventh day, as early gains led by energy sotcks largely disappeared amid higher interest rate fears.
China’s central bank cut a key lending rate on Sunday but that failed to prevent the Hang Seng index posting another big fall.
