The share prices of the biggest listed contractors in the UK have all risen, after the Conservative Party moved to the brink of forming a majority government this morning.
Balfour Beatty’s share price had risen by almost 3.5 per cent just before 10am this morning.
Carillion’s share price had risen by more than 2 per cent.
This week, Construction News revealed that both senior management at the UK’s biggest contractors, and respondents to an online poll on cnplus.co.uk were backing the Conservatives by an overwhelming margin.
Positive sentiment in early trading in the City reflected that mood.
Kier’s share price rose by around 3.3 per cent before 10am.
Morgan Sindall had risen by just over 1 per cent.
Interserve’s share price was up by more than 3 per cent.
Galliford Try’s share price had also risen by 3.15 per cent just before 10am.