The Cyprus Cement Public Company rises 7.1 per cent on high volatility

The Cyprus Cement Public Company rises 7.1 per cent on high volatility
Published: 17 August 2010

The Cyprus Cement Public Company traded between an intraday low of 29 cents and a high of 30 cents, suggesting a trading opportunity between peaks and troughs. The stock price jumped two cents (or 7.1 per cent) to close at 30 cents. Compared with the FTSE/CySE 20 Index, which rose 3.6 points (or 0.8 per cent) on the day, this was a relative price change of 6.3 per cent.

Relativities: today its percentile rank in the Cypriot market was 89. In the Cypriot market of 28 stocks traded today, the stock has a 6-month relative strength of 21 indicating it is trailing 79 per cent of the market.

Volume: there were 10,600 shares worth €3180 (US$4,085.3) traded. The volume was 1.5 times average trading of 7297 shares.