Cement maker China Tianrui hits nearly 2-month high on robust forecast

China Tianrui Cement Co

23/01/2019 06:00

** Shares of China Tianrui Group Cement Co Ltd  1252.HK 
rise as much as 5.8 pct to HK$6.72, their highest since Nov 30,
2018 
    ** STock rises after the cement maker forecast strong
earnings growth in 2018
    ** Co expects its 2018 profit to "increase significantly"
from a year ago as the average selling prices of its cement
products rise  urn:newsml:reuters.com:*:nFWN1ZM0GP
    ** China Tianrui has underperformed the Hang Seng Commerce &
Industry Index sector  .HSNC  by 5.2 percentage points in the
past one month
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
eases up to 0.3 pct, and the benchmark index  .HSI  slides 0.1
pct

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)