Markets were flat yesterday, yet Sociedad Química y Minera de Chile S.A., Albemarle Corp, The Chemours Company showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while after dropping 0.29%, Nasdaq closed at 12,037. Dow Jones ended the session at 33,875 after a 0.2% gain.
Despite yesterday's flat session, several basic_materials stocks are managing to post notable gains. Take a look at the market's Top Gainers:
Albemarle | Up 5.88% to $183.96 yesterday
Pronounced bullish sentiment in the market helped the lithium giant to make a notable 5.88% gain yesterday, rising $10.21 and ultimately closing at $183.96.
+6.13%: Sociedad Quimica y Minera posts solid session with 6.13% gain; upside capped at $68.69
After closing at $63.44 on Friday, Sociedad Quimica y Minera rallied as high as $68.69 but ended the day at $67.33. Currently, the Chilean lithium miner has a market capitalization of $19.23 billion with an average daily volume of 2.59 million shares. So far this year, it has been doing worse than the Nasdaq by 26.62%.
+2.48%: Chemours appreciates 2.48% with $28.95 as the high of the day
After finishing Friday at $28.22, the US chemical company went up by 2.48% yesterday and remained at the $28.92 level. The company is currently trading with a market cap of $4.30 billion with an average daily trading volume of 862,438 shares.
Chemours is scheduled to announce earnings results Monday. The consensus EPS estimate is 0.51 and the consensus revenue estimate is $1.46 billion.