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Closing Glance: Construction shares rise



By AP
23 June 2008 @ 04:17 pm EST

NEW YORK - Shares of construction and engineering companies closed higher Tuesday, while the broader markets were mixed, as investors focused on an increase in oil prices and awaited Tuesday's Federal Reserve meeting.

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Quotes
SGR 41.37 0.71
PEC 16.01 -2.99
FLR 65.03 -0.61
KBR 21.38 0.3

SYMBOL LOOKUP

Here's how some shares of construction and engineering companies fared:

Shaw Group Inc., up $2.64, or 4.1 percent, to $66.47.

Pike Electric Corp., up 24 cents to $17.12.

Fluor Corp., up $5.72, or 3 percent, to $197.27, after earlier hitting an all-time high of $202.73.

KBR Inc., up 27 cents to $36.26.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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