Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

SHARE WATCH: Construction shares struggle as FTSE stumbles

Nearly all construction shares had a bad morning on the stock market as the FTSE as a whole struggled.

The FTSE 350 Construction and Materials index fell 1.25 per cent to 3,498 points while the FTSE 350 Support Services was down 0.7 per cent to 2,755 points.

The industry's winners could be counted on one hand with just Amec, among the FTSE’s overall biggest risers of the morning gaining 4.2 per cent after revealing it expects pre-tax profit to be £200 million in 2008.

Interior Services Group and Interserve were two among the few others to see a rise in their share price after the two firms put out positive trading statements this morning.

Ennstone dropped 13 per cent after a week of huge gains.

The FTSE 100 followed losses yesterday, dropping 1.75 per cent to 4,320 points.

Further Reading:

Amec expecting £200 million in pre-tax profit – click here

Interior Services Group secures £140 million of supermarket work – click here

New contract wins keep Interserve on track – click here

Ennstone enjoys huge share price gains – click here