Ciments Francais closes at three per cent below volume weighted price

Ciments Francais closes at three per cent below volume weighted price
Published: 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.