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• Create Date March 31, 2025
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Pulse - CRMS March 2025

Construction Sector Holds Steady in March as Retailers Drag, PPC Surges

In March 2025, the CRMS Index, which tracks the market performance of construction-related companies on the JSE, grew slightly by 0.3%. Gains in contractor and supplier companies were weakened by a big drop in retailers. While PPC Cement saw strong growth and announced a new plant, companies like Cashbuild and Italtile struggled. Contractors like Raubex and Aveng did well, but Stefanutti Stocks declined. Overall, profitability was mixed—contractors and cement producers improved, but retailers and property funds showed slight declines. The market remains volatile but is still better than a year ago.

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