Ciments Francais closes at three per cent below volume weighted price

Ciments Francais closes at three per cent below volume weighted price
17 August 2010


Ciments Francais strengthened six cents (or 0.1 per cent) to close at €59.30, ending a four-day streak of losses. The price is at a discount of three per cent to the one-month volume weighted average price of €61.16, which may appeal as a value proposition. Compared with the Dow Jones Industrial index, which fell 1.1 points (or 0.01 per cent) on the day, this was a relative price change of 0.1 per cent.

Volatility: the stock traded between an intraday high of €59.80 and a 19-day low of €58.19, suggesting a trading opportunity between peaks and troughs.
Published under Cement News