VIDEO: Construction shares down –10% in Q1

By Chris Sleight06 April 2009

Shares were down across the board over the first three months of the year. The ‘least worst' was the Nikkei, which lost -8,5 % of its value. In comparison the FTSE lost -11,5% and the Dow was down more than 13%. The construction sector, as measured by our CET index of 60 industry shares was somewhere in the middle of that, with a fall of 10,18%.

The weakest performances were in the materials producing and equipment manufacturing sectors. In contrast, contractors' shares showed some strength, with several enjoying double-digit gains over the course of the first three months of 2009.

However, even in this sector the losses outweighed the gains, and contractors' shares lost -5,21% of their value over the three month period.

Every issue of Construction Europe contains in-depth analysis of industry share price movements. For more information about the magazine or to arrange a subscription, click here.

To view Chris Sleight's podcast on share prices movements in 2008, click here.

Latest News
Cooling Chinese market hits Hyundai Doosan Infracore
Operating profit down almost 50% as falling demand in China hurts South Korean OEM’s financial results 
Herc shifts to ‘high gear’
Record dollar utilisation and higher pricing drive third quarter results
World Demolition Awards 2021 - the results
All the headline makers from 14 categories as annual industry event becomes in-person once again