European construction stocks face reality check after record run

Core Viewpoint - European construction shares are experiencing significant gains in 2025, driven by enthusiasm for thematic trades related to Germany's infrastructure stimulus, the anticipated rebuilding of Ukraine, and the boom associated with AI technologies [1] Group 1: Market Drivers - Thematic trades around Germany's infrastructure stimulus are contributing to the positive performance of construction shares [1] - Hopes for the rebuilding of Ukraine are also boosting investor sentiment in the construction sector [1] - The AI-related boom is further enhancing the attractiveness of construction shares in the market [1]