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.

Newsletter

Delivered directly to your inbox World Construction Week features the pick of the breaking news stories, product launches, show reports and more!

Sign up for free

Newsletter

Delivered directly to your inbox World Construction Week features the pick of the breaking news stories, product launches, show reports and more!

Go to newsletters