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SHARE WATCH: Construction firms gain lead by house builders

The index for stock market listed construction firms saw small gains in early trading despite several of the industry’s listed firms having terrible mornings.

The FTSE 350 Construction and Materials index was up 2.3 per cent in early trading at 2,993 while the FTSE Support Services rose 1.1 per cent to 2,622.

But there was some big losses across the industry, lead by White Young Green whose shares dropped by 26 per cent to 92.5 pence a share.

Building materials maker Marshalls saw a drop of 20.6 per cent to 77 pence a share.

But it was a good start to the day for the house builders with all but Redrow seeing modest boosts to their share price.

The FTSE 100 itself gained back a small slice of the losses which came late yesterday gaining 0.1 per cent to 4,185.