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9.10000 EUR
0.15
1.62%
Last update Dec 30, 8:08 AM CET
Market closed
Day range
8.95000
9.15000
Previous close
9.25
Open
8.95000
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Cemex S.A.B. de C.V. Sponsored ADR
9.10
0.15
1.62%

Overview

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Description

Cemex S.A.B. de C.V. Sponsored ADR represents a direct interest in Cemex S.A.B. de C.V., one of the largest cement companies globally, offering a strategic entry point into the construction and building materials sector. This financial instrument allows investors to gain exposure to Cemex's operations beyond its native market, as it is traded on a U.S. exchange, thereby increasing accessibility and enhancing liquidity for American investors. Cemex's primary business revolves around the production, distribution, and sale of cement, ready-mix concrete, and aggregates, serving a fundamental need in the construction industry. With operations expanding across various regions, including North, Central, and South America, Europe, the Middle East, and Asia, the company plays a crucial role in infrastructure development and urbanization trends worldwide. Cemex's Sponsored ADR underlines its commitment to maintaining a presence in international capital markets, providing investors with exposure to the industrial, residential, and infrastructure construction sectors. This asset is significant for those monitoring global industrial growth and infrastructure projects, reflecting Cemex's impact on shaping the built environment across diverse geographic locations.

About

CEO
Mr. Fernando Angel Gonzalez Olivieri
Employees
40244
Address
Av. Ricardo Margain Zozaya 325
Colonia Valle del Campestre
San Pedro Garza García, 66265, NL
Mexico
Phone
52 81 8888 8888
Website
Instrument type
American depositary receipt
Sector
Basic Materials
Industry
Building Materials
Country
Germany
MIC code
XBER
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