The impact of Covid-19 on Kier over the short term is slightly uncertain as non-essential construction may have to be delayed. The company, however, operates across sectors vital to the country such as key maintenance and repair services to the water, gas, power, telecoms and rail sectors.
Kier Group: +15.3%
SINGAPORE: London-listed Kier Group is a construction company that works on projects of all sizes, complexities and sectors spanning the UK. To recap, Kier has been riddled with debt and other financials concerns caused by Brexit and one reason this stock was picked was for its potential as a turnaround play. Kier performed relatively well among our 10 stock picks with a positive return of 15.3% in six months and significantly outperformed the two benchmark UK indices, the MSCI UK and FTSE 100 which lost 16.6% and 15.7% respectively.
