European construction, cement firms rise after Middle East ceasefire deal

Wienerberger AG

08/04/2026 09:03

** Shares in European building companies and cement makers rise after the U.S. and Iran agreed on a two-week ceasefire, lifting expectations of lower energy costs and more supportive interest rate outlook

** STOXX Europe 600 construction and materials .SXOP index is up 6.7%, outperforming the wider STOXX 600 .STOXX, which rises 3.55%

** "Energy is a major input cost used in manufacturing cement," Morningstar analyst Matthew Donen says

** Cement producers Heidelberg Materials HEIG.DE and Holcim HOLN.S, Buzzi BZU.MI and Cementir CEMI.MI are up between 6.7% and 9.1%

** Austrian brickmaker Wienerberger WBSV.VI gains 8.7% as easing tensions and improved energy and interest rate expectations trigger a relief rally, Erste analyst Marschallinger Michael says

 (Reporting by Amir Orusov and Anastasiia Kozlova)

 ((Amir.orusov@thomsonreuters.com; Anastasiia.kozlova@thomsonreuters.com))