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CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

71% of retail investor accounts lose money when trading CFDs with this provider.

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Cemex Stock

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About

History

Competitors

About

History

Competitors

Cemex Sab de CV (CEMEXCPO.MX) was founded in Mexico in 1906 by Lorenzo Zambrano and it went public on the Mexican Stock Exchange in 1985 with a market cap of $1 billion. It is now one of the world's leading suppliers of building materials, operating through its subsidiaries across 50 countries worldwide. It produces a wide variety of products such as cement, ready-mix concrete, and aggregates. Cemex is a popular stock among traders due to its diversified portfolio and strong fundamentals.

It has an impressive track record of long-term returns and offers investors steady dividends throughout the year. With its large size, it also offers more stability than other comparable stocks. As such, it can be an attractive option for traders looking to get exposure to the construction sector.

Cemex Sab de CV (CEMEXCPO.MX) has seen a lot of activity over the past 5 years, with its stock price ranging from a low of $1.73 on 20th March 2020 to its highest point at $8.66 on 25th Jun 2021 - representing an increase of 400%. This surge in price has also seen a significant increase in market capitalization, as of Jun 2023 at 10.40B USD.

As a trader, this stock may be an interesting one to watch, with its current momentum and potential for further upside growth. That said, it pays to do your own due diligence before investing in any asset - be sure to weigh up the risks and rewards before taking the plunge.

Cemex Sab de CV (CEMEXCPO.MX) is a leading global building materials supplier and has numerous competitors in the industry, including Heidelberg Cement AG, Grupo Televisa SAB and Buzzi Unicem SpA. All of these companies compete for market share in the global building materials space and strive to provide superior products and services. Heidelberg Cement AG is a German-based manufacturer that produces cement, concrete, aggregates, asphalt, and other construction materials. Grupo Televisa SAB is a Mexican media conglomerate that operates television networks, radio stations, and production companies. Buzzi Unicem SpA is a multinational producer of cement and related materials with operations in Europe, the United States, and Latin America.

All of these companies compete for market share in the global building materials space and strive to provide superior products and services. They have adopted different strategies such as acquisitions, joint ventures, and other collaborations with the aim of reaching a larger customer base. Although Cemex Sab de CV (CEMEXCPO.MX) is currently the market leader in building materials, these competitors could pose a risk to its position as their strategies and services evolve over time.

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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.

CFDs
Equities
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage
Hold larger positions than the cash you have at your disposal

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Trade on volatility
No need to own the asset

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No commissions
Just low spreads

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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