Fujairah Cement shares rise to the highest price in 6 months

The shares of Fujairah Cement Industries (Fujairah Cement), listed and traded on the Abu Dhabi Stock Exchange, rose by 14.77% at the end of Wednesday’s session, closing at a price of 0.303 dirhams per share.

Trading in Fujairah Cement shares occurred at the end of today’s session, Wednesday, through 47 trading transactions, with 1.26 million shares during the session, with a trading value of 382.57 thousand dirhams.

The highest share price at that time was 0.3 dirhams per share, while the lowest share price was 0.28 dirhams per share.

Fujairah Cement shares thus touched its highest price in about 6 months (5 months and 22 days).

The Fujairah Cement Company is a public joint stock company established at the end of 1979 in the Emirate of Fujairah, and its headquarters is in the city of Dibba in the Emirate of Fujairah.

Fujairah Cement is one of the largest and most famous cement factories in the United Arab Emirates. The company has a production capacity of 4 million tons of clinker and 2.4 million tons of cement annually. Fujairah Cement relies on the latest technologies in the cement industry, meeting the requirements of the local and international market.

Fujairah Cement Industries Company’s operations include cement manufacturing through the extraction and provision of raw materials, their heat treatment, packaging and distribution.