Cement News tagged under: share price

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South Korea: Sungshin shares down

27 June 2016, Published under Cement News

South Korean company Sungshin Cement has been ranked in the bottom quartile of BSS News Bites South Korean performers for the past year. The company’s performance saw it placed 1519/1756 in the ranking, a percentile ranking of 13. Sungshin shares were also down 35.3 per cent for the year ended 27 June 2016. After climbing from KRW2920 (US$2.47) five years ago to KRW15,300 (US$12.95) one year ago, share price stood at KRW9900 (US$8.38) for this last year.

Egypt: Suez Cement ranked bottom

27 June 2016, Published under Cement News

Egyptian company Suez Cement has ranked in the bottom quartile of the country’s performers for the year just passed. The company’s performance saw it ranked 144/144 in the BSS News Bites ranking for Egypt, a percentile ranking of zero. Alongside this low ranking, Suez Cement’s shares also fell 66.8 per cent for the year ended 26 June 2016. Five years ago share price stood at EGP38.75 and fell over the next two years to EGP21.00. Two years ago the company saw its share price rise again to ...

PPC

25 May 2016, Published under Cement News

Shares in PPC have plummeted following the company’s announcement that it is preparing a capital raising of up to ZAR4bn (US$256m), whilst also revealing it is in talks with a credit ratings agency what will probably lead to a downgrade. Stock declined last week by as much as 16 per cent, which could prove to the the biggest drop on record. The shares have reportedly declined by 21 per cent for the year so far, compared to a 3.6 per cent gain in the FTSE/JSE Africa All Share Index. The pr...

Anhui Conch

29 March 2016, Published under Cement News

Earlier this month, shares in Anhui Conch on the Shanghai Composite Index jumped by the maximum daily limit, driven by a surge in the Chinese property sector. Analysts have predicted a warming up of the mainland housing market amid rumours of stimulus measures from the Chinese government later this month. February saw house prices rise in 47 of China’s 70 largest cities, according to the National Bureau of Statistics, which analysts hope will fuel further investment in the real estate sec...

China National Building Materials (CNBM)

02 March 2016, Published under Cement News

Shares in companies related to China National Building Materials (CNBM) Group and China National Materials (Sinoma) Group have fluctuated sharply over recent weeks as the companies continue their reorganisation plans. 2015 saw China unveil restructuring plans for several state-owned enterprises, including CNBM and Sinoma, covering reforms on ownership, management and supervision. On the back of this, shares in Sinoma surged by the daily maximum rate in late January while those in building...