Markets were flat yesterday, yet Teck Resources Limited, APA Corporation, POSCO showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while Dow Jones ended the session at 33,600 after a 0.98% gain. S&P 500 closed the day at 4,124.51, having gained 0.37%.
This limbo state is reflected by published market data as United States ISM Manufacturing PMI (Mar) released yesterday at 14:00 UTC with a figure of 46.3, while the previous figure was 47.7.
Despite yesterday's flat session, several basic_materials stocks are managing to post notable gains. Take a look at the market's Top Gainers:
POSCO | Closed +5.93% at ₩73.82
The steelmaker reached ₩74.13, breaking a 1 year record. Later, it lost 31 cents and is now trading at ₩73.82. Approximately a day ago, the steelmaker reached a significant high of ₩73.82 but has struggled to hold onto its gains and declined 5.59% since then. So far this year, it has been outperforming the Nasdaq by 26.58%. The company has a market cap of ₩22.40 billion with an average daily volume of 244,396 shares.
+19.59%: Teck Resources ended yesterday at $43.65, a 19.59% increase
After ending Friday's session at $36.5, Teck Resources went up to $43.76 yesterday only to fall back and close at $43.65. Teck Resources is currently trading with a market cap of $22 billion with an average daily trading volume of 4.72 million shares. So far this year, it has been beating the Nasdaq by 9.19%.
APA, Apache | Up 8.71% to $39.2 yesterday
The Texan hydrocarbon explorer closed at $39.2 after it made its largest daily jump of $3.14 (8.71%) since November 2022. The Texan hydrocarbon explorer has fallen back around 29.83% over the past 9 months, from a notable high of $51.39. The company's market cap currently stands at $12.19 billion with an average daily trading volume of 7.75 million shares. APA, Apache's last revenue report was $2.47 billion with an EPS of $1.48.