Alfred McAlpine鈥檚 shares continued to fall last week after the announcement that fraud in the slate division had cost the contractor 拢56m before tax. McAlpine鈥檚 shares dropped 8.7% to 460p over the week, making it the industry鈥檚 biggest casualty.

The week was a relatively steady one for the sector, with the construction and materials index rising 1.1% to 6137.66p

好色先生TV materials companies enjoyed a fairly buoyant week, as prices in the sector continued to rise.

Hanson reported a 3.8% rise to 858.8p, and Travis Perkins, listed in the support services sector, rose 0.9% to 拢20.10. However, Wolseley dropped 2.5% to 拢12.04, amid continued concern over the housing market in the US.

Elsewhere, investors remained unperturbed by Atkins鈥� announcement of problems with Metronet.

The company鈥檚 share price rose for the second week running, up 3.4% to 拢12.

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