Cementos Portland Valderrivas falls an eight straight day

Cementos Portland Valderrivas falls an eight straight day
Published: 20 November 2008

Cementos Portland Valderrivas, Spain’s fourth largest Construction company by market capitalisation, decreased 30 Eurocent (or 1.2 per cent) to €24.22. In the Spanish market of 203 stocks, the stock has a Six month relative strength of 22 indicating it is trailing 78 per cent of the market. The stock slid for an eighth straight day on Wednesday bringing its eight-day fall to €4.59 or 15.9 per cent. Compared with the IBEX35 Index which fell 183.8 points (or 2.2 per cent) on the day, this represented a relative price change of 0.9 per cent.