More stock market woe for housebuilders

Another stormy session on the Stock Exchange this morning (Friday) saw housebuilders’ share prices take another battering while contractor’s shares took less of a pounding, moving in relatively calmer waters.

At noon, the big-names housebuilders whose share prices had been on the slide included:

• -18.0% Barratt
• - 9.5% Persimmon
• - 7.6% Taylor Wimpey
• - 4.2% Berkeley
•  - 3.6 Redrow

The two large hybrid group who operate with both a housebuilding and a construction wing were ranked:

• -5.7% Galliford Try
• no change Kier

Construction and support services:

• - 4.9% Carillion
• - 3.4% Interserve
• - 2.3% Balfour Beatty

Plant hire sector:

• -8.2% SpeedyHire
• - 3.1% Ashtead

Builders’ merchants:

• -11.6% Travis Perkins
• - 7.0% Wolseley