Basic materials stocks advanced 1.2% on Wall Street on Wednesday morning.
More broadly, the Dow Jones Industrial Average rose 0.7%, the Nasdaq increased 0.8% and the S&P 500 pushed 0.7% higher.
Some of the biggest gainers among basic materials stocks include:
- Freeport-Mcmoran Inc (FCX): FCX stock is up 7.3% today.
- Vedanta Ltd (VEDL): VEDL stock is up 6.5% today.
- Gerdau S.A. (GGB): GGB stock is up 5.4% today.
- Vale S.A. (VALE): VALE stock is up 5.2% today and up 21.2% in the last month.
- Teck Resources Ltd (TCK): TCK stock is up 5.2% today.
- Posco ADR (PKX): PKX stock is up 4.5% today.
- National Steel Corp (SID): SID stock is up 5.5% today and up 32.2% in the last month.
- Sociedad Quimica Y Minera S.A. (SQM): SQM stock is up 3.8% today and up 22.7% in the last month.
- Celanese Corp (CE): CE stock is up 3.6% today.
- Southern Peru Copper Corp (SCCO): SCCO stock is up 3.6% today.
Some of the biggest losers among basic materials stocks include:
- Agnico-Eagle Mines Ltd (AEM): AEM stock is down 2.8% today.
- Goldcorp Inc (GG): GG stock is down 2.6% today.
- Kinross Gold Corp (KGC): KGC stock is down 2.5% today.
- Yamana Gold (AUY): AUY stock is down 2.4% today and down 25.9% in the last month.
- Clearwater Paper Corp (CLW): CLW stock is down 2.1% today.
- Barrick Gold Corp (ABX): ABX stock is down 1.8% today and down 20.1% in the last month.
- Compania Mina Buenaventura S.A. (BVN): BVN stock is down 1.7% today.
- Anglogold Ashanti Ltd (AU): AU stock is down 1.4% today.
- Gold Fields Ltd (GFI): GFI stock is down 1.4% today and down 20.6% in the last month.
- Dominion Diamond Corp (DDC): DDC stock is down 1.2% 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.
