PPC - Pretoria Portland Cement Limited

Feb 29, 2024 at 17:00 Twitter · Facebook

PPC share price on Zimbabwe Stock Exchange

Pretoria Portland Cement (PPC) Company Limited is the holding company for a group of companies that manufacture and distribute cement, lime and limestone products. A leading supplier of cement and related products in southern Africa, PPC produces over 11 million tonnes of cement products each year from its 11 factories in South Africa, Botswana, Congo D. R., Ethiopia, Rwanda, and Zimbabwe. The company also manufactures and supplies paper sacks and containers for use in the cement and other industries. The company's Materials business comprises of Safika Cement, Pronto Readymix (including Ulula Ash), and 3Q Mahuma Concrete. Pretoria Portland Cement Ltd is also a producer of aggregates, with its Mooiplaas aggregates quarry in Gauteng having the largest aggregate production capacity in South Africa. PPC Lime, one of the largest lime producers in the southern hemisphere, produces metallurgical-grade lime, burnt dolomite and limestone. Pretoria additionally has investments in businesses supplying cement based products.

NOTE: Shares of Pretoria Portland Cement Limited are currently suspended from trading on the Zimbabwe Stock Exchange (ZSE) since close of trading on Monday, August 3, 2020. Pretoria Portland Cement is traded on the ZSE under the ticker symbol “PPC”. Pretoria Portland Cement Limited is currently the 41st most valuable stock on the ZSE with a market capitalization of ZiG 1.95 million, which makes about 0.0031% of the Zimbabwe Stock Exchange equity market.

PPC Stock Market Performance

The current share price of Pretoria Portland Cement Limited (PPC) is ZiG 7.95. PPC closed its last trading day (Thursday, June 25, 2020) at 0.003182 ZiG per share on the Zimbabwe Stock Exchange (ZSE). Pretoria Portland Cement began the year with a share price of 0.001601 ZiG and has since gained 98.8% on that price valuation. Shareholders can be optimistic about PPC knowing the stock has accrued 45% over the past four-week period alone.

Pretoria Portland Cement has traded a total volume of 4.21 million shares valued at ZiG 7,454 over the past three months (Mar 27 - Aug 3, 2020), with an average of 66,857 traded shares per session. A volume high of 1.05 million was achieved on May 28th for the same period. The table below details the last 10 trading days of activity of Pretoria Portland Cement on the Zimbabwe Stock Exchange.

Profile of Pretoria Portland Cement Limited

Pretoria Portland Cement Limited operates in the Industrials sector, specifically, the Building Materials industry.

PPC Industrial Market Competitors

Pretoria Portland Cement Limited, issuers of the PPC stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector and/or Building Materials industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange