Con­struc­tive out­look

Basil Read show­ing pos­i­tive signs and Group Five promis­ing ones

Finweek English Edition - - COMPANIES & MARKETS -

CON­STRUC­TION STOCKS have shown strength over re­cent weeks, so we show the charts of two mid-cap con­struc­tion stocks: Basil Read Hold­ings and Group Five. Basil Read in par­tic­u­lar is show­ing early, pos­i­tive signs of a re­cov­ery in its share price. Group Five, while im­prov­ing, hasn’t yet bro­ken out to the up­side.

Are we see­ing the early stages of a re­cov­ery in con­struc­tion stocks?

We may well be, but the ev­i­dence isn’t yet con­clu­sive.

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