Hottest Basic Materials Stocks Now – SHI GGB FBR SID

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Basic materials stocks declined broadly on Wall Street on Wednesday morning, with the sector seeing an overall decline of 0.8%.

More broadly, the Dow Jones Industrial Average declined 0.7%, the Nasdaq was down 0.7% and the S&P 500 fell 0.7%.

Some of the biggest gainers among basic materials stocks include:

  • Sinopec Shangai Petrochemical Company Ltd (SHI): SHI stock is up 2.8% today.
  • Gerdau S.A. (GGB): GGB stock is up 2.0% today.
  • Fibria Celulose S.A. (FBR): FBR stock is up 1.2% today.
  • National Steel Corp (SID): SID stock is up 1.2% today.
  • Olin Corp (OLN): OLN stock is up 0.7% today.

Some of the biggest losers among basic materials stocks include:

  • Century Aluminum Company (CENX): CENX stock is down 14.6% today and down 25.7% in the last month.
  • Alcoa Inc (AA): AA stock is down 5.9% today.
  • Rio Tinto Plc (RIO): RIO stock is down 4.6% today.
  • Vale S.A. (VALE): VALE stock is down 4.1% today.
  • Copene-Petroquimica Do Nordeste (BAK): BAK stock is down 3.8% today.
  • Teck Resources Ltd (TCK): TCK stock is down 3.1% today.
  • Randgold Resources Limited (GOLD): GOLD stock is down 3.1% today.
  • Kapstone Paper and Packaging Corp (KS): KS stock is down 2.7% today.
  • New Gold Inc (NGD): NGD stock is down 2.4%, marking the third consecutive day the stock has decreased.
  • Mrc Global Inc (MRC): MRC stock is down 2.3% today.

For more information on the best stocks to buy right now, check out the latest commentary on InvestorPlace.com.

And for more on the hot stocks moving most on Wall Street right now, check out our archive of daily market movers by sector here.

Editor’s Note: Returns for the fastest-moving stocks listed here are based on share prices 20 minutes prior to publication of this story.


Article printed from InvestorPlace Media, https://investorplace.com/2015/03/hottest-basic-materials-stocks-now-shi-ggb-fbr-sid-shi-ggb-fbr/.

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