Merchant share prices rally

Published:  18 March, 2011

LONDON: Merchants shares rallied along with a general lift in prices yesterday on the London stock exchange.

By lunchtime Travis Perkins rose 4.3% to 973.5 pence, while Wolseley gained 4.7% to 2090 pence. Both stocks had declined for the previous five days.

The FTSE 100 Index climbed 1.4% to 5677.14 at 2pm yesterday, rebounding from the longest stretch of losses in more than two years. News of the G7 meeting today helped calm markets.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight

We have vacancies all over the UK for those who work within the Building Supplies sector.

Events Diary