Persimmon (LSE: PSN), the housebuilder, closed at 1,302.5p today, its fifth consecutive daily gain. The shares have risen in each of the last five sessions, and today’s advance of 1.76% extended the run.
Persimmon traded between 1,274p and 1,306.5p today. At 1,302.5p the shares sit 12.5% below their 52-week high and 32.9% above their 52-week low, and they are down 0.6% so far this year. Turnover was light, at about half the 20-session average.
Persimmon’s daily share price change over 45 days to Monday 26 October, with the five-session streak highlighted.
How unusual this is
Five consecutive gains is not a record for Persimmon. The share price history runs from 7 September 2021 and covers 320 sessions, and this run does not set a mark within it.
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In the news
Persimmon rallied on Thursday alongside Barratt Redrow, as a new home buyer scheme revived sentiment towards housebuilders. That does not account for today’s gain.
