Biggest Movers in Basic Materials Stocks Now – FCX SHI GGB ACH

Basic materials stocks advanced broadly on Wall Street on Thursday morning, with the sector seeing an overall increase of 2.6%.

More broadly, the Dow Jones Industrial Average was up 1.3%, the Nasdaq increased 1.9% and the S&P 500 pushed 1.3% higher.

Some of the biggest gainers among basic materials stocks include:

  • Freeport-Mcmoran Inc (FCX): FCX stock is up 18.9% today.
  • Sinopec Shangai Petrochemical Company Ltd (SHI): SHI stock is up 8.3% today.
  • Gerdau S.A. (GGB): GGB stock is up 8.1% today.
  • Aluminum Corporation of China Ltd (ACH): ACH stock is up 7.9% today.
  • Vedanta Ltd (VEDL): VEDL stock is up 6.7%, marking the third consecutive day the stock has increased.
  • Vale S.A. (VALE): VALE stock is up 5.9% today.
  • Teck Resources Ltd (TCK): TCK stock is up 5.3% today.
  • United States Steel Corp (X): X stock is up 5.5% today.
  • Hudbay Minerals Inc (HBM): HBM stock is up 5.3% today.
  • Methanex Corp (MEOH): MEOH stock is up 4.3% today.

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

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.

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