Buzzi Unicem decreases two per cent, trailing 69.1 per cent of stocks

Buzzi Unicem decreases two per cent, trailing 69.1 per cent of stocks
20 November 2008


Buzzi Unicem, Italy’s second largest Construction company by market capitalisation, decreased 18 Eurocents (or two per cent) to €8.88.

In the Italian market of 372 stocks, the stock has a six month relative strength of 31 which means it has underperformed 69 per cent of the market. The stock fell for a second day on Wednesday bringing its two-day fall to 42.0 Eurocents or 4.5 per cent. Compared with the MIBTEL Index which fell 409 points (or 2.6 per cent) on the day, this represented a relative price change of 0.6 per cent.
Published under Cement News