Cement News tagged under: corporate
Heracles General Cement Co trading at low volume05 June 2008, Published under Cement NewsHeracles General Cement Company Greece’s 4th largest Industrials company by market capitalisation, closed unchanged at Euro16.50. The volume was 0.02 times average trading of 38,768 shares. The stock was unchanged for a second day on Wednesday. Moving Average Price (MAP): The price to 200-day MAP ratio is 0.99. In the past 200 days this ratio has been under 0.99 136 times suggesting further downside. The 50-day MAP of Euro16.55 is lower than the 200-day MAP of Euro16.68, a bearish indicator... |
Dyckerhoff AG rises on high volatility and expanding price range04 June 2008, Published under Cement NewsDyckerhoff AG, Germany’s second largest Construction company by market capitalisation, traded between an intraday low of Euro46.80 and a high of Euro47.29. The price range has expanded in the last two days (from 30.0 Eurocents two days ago to 50.0 Eurocents today) which, accompanied by a price rise, is a bullish signal. The share price rose 29.0 Eurocents (or 0.6 per cent) to Euro47.29. Compared with the DAX Index which rose 10.4 points (or 0.2 per cent) on the day, this represented a relati... |
Buzzi Unicem RNC decreases by 1.6 per cent, P/E improves to 7.403 June 2008, Published under Cement NewsBuzzi Unicem RNC , Italy’s eighth largest construction, engineering & materials company by market capitalisation, decreased 20 Eurocents (or 1.6 per cent) to Euro12.73. Compared with the MIBTEL Index which fell 351 points (or 1.4 per cent) on the day, this represented a relative price change of -0.2 per cent. As a result of the price decline the Price/Earnings multiple based on trailing twelve months earnings has improved to 7.4; the stock has a value percentile rank of 87.9 or rank of 11 ou... |
Cementir weakens below moving average price (MAP), with 50-day MAP trailing 200-day MAP03 June 2008, Published under Cement NewsCementir, Italy’s 5th largest construction, engineering & materials company by market capitalisation, has dropped below its trend. The 200-day moving average price (MAP) was Euro6.48. In the past 200 days this ratio has been under 0.84 133 times suggesting further downside. The stock is trading below both its MAPs and the 50-day MAP of Euro5.91 is lower than the 200-day MAP of Euro6.48, a bearish indicator. The 200-day MAP has decreased to Euro6.48. A decrease is another bearish indicator. T... |
Italcementi weakens 2.2 per cent03 June 2008, Published under Cement NewsItalcementi weakened 28 Eurocents (or 2.2 per cnet) to Euro12.71. Compared with the MIBTEL Index which fell 351.0 points (or 1.4 per cent) on the day, this represented a relative price change of -0.8 per cent. Price Trend: The price fell 3.6 per cent in the last week and plummeted 8.9% in the last month. In the last three months the number of falls outnumbered rises 32:29 or 1.1:1. Relativities: Compared with the MIBTEL Index which fell 0.3 per cent for the week and 3.5 per cent for the mo... |
Chettinad Cement Corp strengthens 0.2 per cent, beating 87 per cent of stocks03 June 2008, Published under Cement NewsChettinad Cement Corp strengthened Re1.0 (or 0.2 per cent) to INR486. In the BSE market of 4901 stocks, the stock has a six-month relative strength of 87 which means it is beating 87 per cent of the market. A price rise combined with a high relative strength is a bullish signal. The stock rose for a second day on Monday. Compared with the BSE Sensex Index which fell 352.4 points (or 2.2 per cent) on the day, this represented a relative price change of 2.4 per cent. Volatility: The stock tra... |
Binani Cement weakens 2.4 per cent03 June 2008, Published under Cement NewsBinani Cement weakened INR1.45 (or 2.4 per cent) to INR59.25. Compared with the BSE Sensex Index which fell 352.4 points (or 2.2 per cent) on the day, this represented a relative price change of -0.2 per cent. Price Trend: The price plummeted 8.5 per cent in the last week and crashed 25.5 per cent in the last month. In the last three months the number of falls outnumbered rises 33:24 or 1.38:1. Moving Average Price (MAP): The stock is trading below both its MAPs and the 50-day MAP of INR70... |
Rism Cement declines 2.8 per cent on low volume03 June 2008, Published under Cement NewsPrism Cement declined INR1.05 (or 2.8 per cent) to INR36.90. Compared with the BSE Sensex Index which fell 352.4 points (or 2.2 per cent) on the day, this represented a relative price change of -0.6 per cent. The aggregate volume was 0.2 times average trading of 1,611,520 shares. The stock fell for a third day on Monday. Price Trend: The price fell 3.3 per cent in the last week and dropped 11.3 per cent in the last month. In the last three months the number of falls outnumbered rises 33:20 ... |
India: Sat sets aside Sebi order against Holcim02 June 2008, Published under Cement NewsThe Securities Appellate Tribunal has set aside an order passed by the Securities and Exchange Board of India against Holcim (India) Pvt Ltd. The market regulator had imposed a fine of Rs25 crore on Holcim for alleged violation of the takeover code while acquiring shares in Associated Cement Companies Ltd. Holcim was alleged to have indirectly acquired 76.01 percent in the equity share capital of Everest Industries Ltd in Apr 2005 when it was in the process of acquiring 34.71 percent stake i... |
Italcementi sees 2012 sales rising to €8.3bn02 June 2008, Published under Cement NewsItalcementi SpA expects its sales to rise 6.5 per cent on average in the coming years, reaching about €8.3bn in 2012, compared with €6.0bn in 2007, the daily Il Sole 24 Ore said citing the cement company’s managing director Rodolfo Danielli. In the meantime, EBITDA is forecast to rise about 7.5 per cent a year to more than €2bn in 2012 from €1.4bn in 2007. |