Suez Cement Co increases 2.2 per cent

Suez Cement Co increases 2.2 per cent
Published: 20 November 2008

Suez Cement Company increased 46 qirsh (or 2.2 per cent) to LE21.82, ending a two-day streak of losses. In the Egyptian market of 349 stocks, the stock has a 6-month relative strength of 99 which means it is beating 99 per cent of the market. A price rise combined with a high relative strength is a bullish signal. Compared with the CASE 30 Index which fell 107.5 points (or 2.6 per cent) on the day, this represented a relative price change of 4.7 per cent.