GulfBase GCC Cap Indices
Large Cap4,019 -0.10
Med Cap3,848 -0.05
Small Cap4,895 -0.24
Micro Cap8,498 -0.25

Research Reports

Quick Links

Most Viewed News

Most Viewed Companies

Ticker Price Volume
GFH 0.5 1,361,733
QNBK 135 62,706
BKSB 0.14 70,617
SABIC 98.09 2,208,800
DANA 0.62 13,288,208
EEC 18.02 328,623
ALINMA 16.47 22,194,374

KSA Cement Sector December 2009

Source: NCB Capital

Domestic sales growth slows in Nov-09

YoY domestic sales increased by 15% in Nov-09, below the 22% YoY increase seen in the first ten months of 2009. MoM numbers declined as a result of slower demand in the region.
Sales: Cement sales for Nov-09 stood at 3.0 million tons, reporting an increase of 15.4% YoY, but declining 2.6% MoM. The YoY growth is a slowdown from the 22% average seen in the first ten months of 2009.
Exports: Cement exports stood at 131,000 tons in Nov-09, down 7.7% MoM
Stock: Clinker stock as a percentage of cement sales increased to 340%. In
addition, cement stock as a percentage of sales also increased to 25.9% in Nov-09 from 23.6% Oct-09.
Market shares: In Nov-09, private players accounted for 19.6% of the domestic market vs. 14% a year ago. Amongst the listed companies, only Southern Cement and Tabuk Cement reported increases in market share of 0.1% each.

Click here to download the complete report
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend


Looking ahead, what change you are more likely to make in investing in your domestic stock market?