Ras Al Khaimah Cement slups 6.9 per cent

Ras Al Khaimah Cement slups 6.9 per cent
Published: 17 November 2008

Ras Al Khaimah Cement Co slumped 7.0 Fils (or 6.9 per cent) to 94 Fils. Compared with the General Index which fell 9.4 points (or 0.3 per cent) on the day, this represented a relative price change of -6.6 per cent.

Significant downtrend
The price crashed 30.9 per cent in the last week and 53.2 per cent in the last month. In the last three months the number of falls outnumbered rises 39:22 or 1.77:1.