HeidelbergCement increases 2.2 per cent on low volume, rising for a second day, a 2-day rise of 14.4 per cent

HeidelbergCement increases 2.2 per cent on low volume, rising for a second day, a 2-day rise of 14.4 per cent
Published: 24 December 2008

HeidelbergCement (HEI.F), Germany’s largest Building Materials company by market capitalisation, increased 66.0 Eurocents (or 2.2 per cent) to €30.90. Compared with the DAX index which fell 9.6 points (or 0.2 per cent) on the day, this represented a relative price change of 2.4 per cent. The aggregate volume was 0.2 times average trading of 57,653 shares. The stock rose for a second day on Tuesday bringing its two-day rise to €3.89 or 14.4 per cent.

Volatility: The stock traded between an intraday low of €29.34 and four-day high of €31.20. This suggests a trading opportunity between peaks and troughs.