European construction stocks extend rallies on Germany's infrastructure fund plan

Wienerberger AG

06/03/2025 08:49

** European construction stocks rallied for a second day, after German parties agree to create 500 bln-euro infrastructure fund on Tuesday

** Europe's construction and materials index .SXOP rise 1.3%, which jumped 5.7% to record high on Wednesday, and is among the best performers of sectoral indices on the pan-European STOXX 600 .STOXX index

** Austrian brickmaker Wienerberger WBSV.VI jumps 6.8%, as German cement maker Heidelberg Materials HEIG.DE rises 4.3%

** Italy's Buzzi BZU.MI and France's Eiffage FOUG.PA are up 3.3% and 5.3%, respectively, while Germany's Bilfinger GBFG.DE and Hochtief HOTG.DE rise between 3%-4.8%

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))