Stars and Declining Stocks in the Cement and Concrete Sector Last Month

Investors Smiling in the Cement and Concrete Sector

In the last month, the cement and concrete sector provided heterogeneous returns to investors on the Borsa Istanbul. Construction costs, regional demands, and differences in companies' operational areas led to a divergence in pricing. During this process, the consecutive positive performances of especially medium-sized companies drew attention; in larger and more established firms, limited or negative returns were more prominent.

Monthly Performance Analysis

The most notable returns on a monthly basis emerged in stocks with low prices and increased trading volumes. On the other hand, short-term profit realizations in some companies with high market values pulled their prices down. When daily performances were examined, although many stocks exhibited a negative picture at closing, the overall trend in the monthly table indicates that these movements are temporary.

Selected Stocks' Monthly Performances

• Bursa Cement (#BUCIM) - Price: 7.61 TL, Daily: -%0.39, Monthly: %18.17 - Holds the highest return in the sector.


• Akçansa (#AKCNS) - Price: 158.20 TL, Daily: -%2.22, Monthly: %15.81 - Despite a strong monthly rise, it is under short-term selling pressure.


• Boğaziçi Concrete Industry (#BOBET) - Price: 20.28 TL, Daily: %5.24, Monthly: %8.33 - Maintained its positive monthly performance with daily increases.


• Çimentaş (#CMENT) - Price: 339.50 TL, Daily: -%2.72, Monthly: %1.65 - Provided limited monthly returns.


• Yibitaş Construction Materials (#YBTAS) - Price: 21.00 TL, Daily: -%2.78, Monthly: -%12.43 - One of the weakest performers in the sector on a monthly basis.

Conclusion and Recommendations for Investors

The recent monthly picture in the cement and concrete sector clearly demonstrates that company-specific divergences have come to the forefront rather than a general rise. While a limited number of stocks provided noteworthy monthly returns, a horizontal and negative performance was exhibited across a broad segment of the sector. This situation once again emphasizes that investors need to adopt a more selective approach in the sector.