Cement News tagged under: corporate

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Cementir Holding SpA increases 2.4 per cent on form volume

01 October 2008, Published under Cement News

Cementir Holding SpA, Italy’s fifth largest Construction, Engineering & Materials company by market capitalisation, increased 7.75 Eurocents (or 2.4 per cnet) to €3.36, ending a two-day streak of losses. Compared with the MIBTEL Index which fell 110.0 points (or 0.6 per cent) on the day, this represented a relative price change of 2.9 per cent. The volume was 1.2 times average trading of 227,649 shares. Volatility: The stock traded between an intraday low of €3.27 and two-day high of €3.44...

Dyckerhoff AG price 6.9 per cent below volume weighted price but at 15.8 per cent premium to 52-week low

01 October 2008, Published under Cement News

Dyckerhoff AG, Germany’s second largest Construction company by market capitalisation, closed unchanged at €39.50. The price is at a discount of 6.9 per cent to the one-month volume weighted average price of €42.42, which may appeal as a value proposition. Compared with the DAX Index which rose 23.9 points (or 0.4 per cent) on the day, this represented a relative price change of -0.4 per cent. Volatility: The stock traded between an intraday high of €39.50 and a five-month low of €36.62. Th...

Italcementi- Fabbriche Riunite Cemento SpA Crashes 15.9 per cent on weak volume

01 October 2008, Published under Cement News

Italcementi - Fabbriche Riunite Cemento SpA, Italy’s 2nd largest Basic Materials company by market capitalisation, crashed €1.25 (or 15.9 per cent) to €6.59 in the month ending September 30. Compared with the MIBTEL Index which fell 2,728.0 points (or 12.3 per cent) in the month, this represented a relative price change of -3.6 per cent. The volume was 0.6 times average trading of 7,665,251 shares. Price Trend: The price dropped 4.5 per cent in the last week. In the last nine months the num...

Adelide Brighton Ltd adds 2.6 per cent, rising for a third day

01 October 2008, Published under Cement News

Adelaide Brighton Ltd, Australia’s fourth largest Construction Materials company by market capitalisation, added 8c (or 2.6 per cent) to AUD3.17. Compared with the All Ordinaries Index which rose 174.2 points (or 3.8per cent) on the day, this represented a relative price change of -1.2 per cent. The volume was 1.2 times average trading of 865,442 shares. The stock rose for a third day on Wednesday bringing its three day rise to 15.0c or five per cent. Volatility: The stock traded between an...

Titan Cement Co buys back 170 shares

01 October 2008, Published under Cement News

Titan Cement Company SA has, on September 26, 2008, purchased 9,000 common and 170 preference own shares at €23.80 and €19 per share and a total purchase price of €214,238 and €3230 respectively. The share price rose 20 Eurocents (or 0.9 per cent) to €23.20. Compared with the FTSE/Athex 140 Index which rose 18.1 points (or 0.5 per cnet) on the day, this represented a relative price change of 0.3 per cent. Volatility: The stock traded between an intraday high of €23.50 and a two-month low ...

Prudential fund buys into CIMA

30 September 2008, Published under Cement News

Prudential Fund Management Bhd (PFMB) bought a substantial stake in Cement Industries of Malaysia Bhd (CIMA), whose controlling shareholder UEM Group Bhd is making a conditional takeover offer to buy out all the shares it doesn’t own in the cement maker. According to the filing to Bursa Malaysia, the institutional fund acquired 12.2m shares or 8.7 per cent equity stake in CIMA last Sept 22 from the open market but without stating the price it paid. UEMG was offering RM6.26 a share in CIMA ...

Titan Cement Co drops 2.5 per cent on high volatility

30 September 2008, Published under Cement News

Titan Cement Company traded between an intraday low of €18.50 and a high of €19. The share price declined 48 Eurocents (or 2.5 per cent) to €18.52. Compared with the FTSE/Athex 140 Index which fell 223.5 points (or six per cent) on the day, this represented a relative price change of 3.5 per cent. There were 547 shares worth €10,171 (US$14,624) traded. The volume was 0.4 times average trading of 1,466 shares. The last price is at a discount of 37.6 per cent to the 12-month high of €29.70 a...

Ambuja Cements slides 5.2 per cent, P/E improves to 7.2

30 September 2008, Published under Cement News

Ambuja Cements  fell for a second day on Monday bringing its two day fall to INR6.35 or 7.4 per cent. The share price slid INR4.35 (or 5.2 per cent) to INR79.40. Compared with the BSE Sensex Index which fell 506.4 points (or 3.9 per cent) on the day, this represented a relative price change of -1.3 per cent. As a result of the price decline the Price/Earnings multiple based on trailing twelve months earnings has improved to 7.2; the stock has a value percentile rank of 79.9 or rank of 142 ...

Grasim Industries falling in a weak market with rising open interest

30 September 2008, Published under Cement News

Grasim Industries fell for a third day on Monday bringing its three day fall to INR175.0 or 9.1 per cent. The share price declined INR48 (or 2.7 per cent) to INR1750. Compared with the BSE Sensex Index which fell 506.4 points (or 3.9 per cent) on the day, this represented a relative price change of 1.2 per cent. Same day trend: Open Interest strengthened 0.3 per cent from 645,216 to 647,416. Combined with the price falling 2.7 per cent, this suggests the market is weak.

HedielbergCement AG decreases 1.2 per cent, Trailing 66.3 per cent of stocks

30 September 2008, Published under Cement News

HeidelbergCement AG, decreased 94.0 Eurocents (or 1.2 per cent) to €75.61. In the German market of 1219 stocks, the stock has a six-month relative strength of 34 which means it has underperformed 66.0% of the market. The stock fell for a second day on Monday bringing its two day fall to Euro2.55 or 3.3 per cent. Compared with the DAX Index which fell 256.4 points (or 4.2 per cent) on the day, this represented a relative price change of three per cent.