Barratt, Taylor Wimpey and Persimmon among the risers as confidence returns to the markets

Housebuilding and construction stocks edged up this morning as a degree of confidence returned to markets.

Buoyed by a sense that government rescue packages would ease liquidity fears, the FTSE 100 climbed 4% in early trading. Japan’s Nikkei index had previously finished the day a record 14% up.

In early trading the risers were:

  • Barratt + 5%
  • Taylor Wimpey +7%
  • Persimmon +3%
  • Bellway +3%
  • Redrow +2%
  • Bovis +1%
  • Rok +6%
  • Morgan Sindall +6%
  • Balfour Beatty +4%
  • Costain +4%