Pennon Group (LON: PNN), the regulated water utility, was up 5.02% at 464.2p as of 09:29 London time today. The shares have traded between 442.93p and 466.8p so far this morning, leaving the price near the top of that range.
Pennon’s share price over the past month, with today’s session marked.
Today’s rise is the fourth-largest daily move in the last 126 sessions, about six months of trading. Only three sessions in that stretch have produced a bigger move.
Today’s move against six months of daily changes in Pennon shares.
At this price Pennon, a FTSE 350 constituent, has a market value of about £2.11bn.
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