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March 11, 2023Against the current: Markets slid, yet AngloGold Ashanti Limited, Wheaton Precious Metals Corp., Gold Fields Limited went up and made this list of yesterday's top basic_materials stocks gainers.
Leading equity indices in the US declined as S&P 500 closed at 3,861.59, a 1.45% change. Nasdaq was down 1.76% before closing the session at 11,139.
On the other hand, positive data was released earlier when highly important Non Farm Payrolls data from United States beat analyst expectations of 205,000 with a reading of 311,000.
Even though markets fell yesterday, some basic_materials stocks were bullish. Have a look at these Top Gainers from yesterday's session:
Wheaton Precious Metals Corp | Closed +3.61% at $40.47
After closing Thursday at $39.06, Wheaton Precious Metals Corp closed at $40.47 yesterday after climbing to $41.8 and dropping back down.
+4.39%: bullish mood lifts AngloGold Ashanti to session high of $18
The gold mining juggernaut rose as high as $18 before giving up its gains and dropping back to $17.61 before the close on yesterday. The company is currently trading with a market cap of $7.37 billion with an average daily volume of 3 million shares. So far this year, it has been doing worse than the Nasdaq by 19.72%.
Gold Fields continued a four day positive streak, up 3.5% to $9.46.
The top-tier gold miner topped out at $9.63 having ended yesterday at $9.46. However, despite early momentum, the stock gave up its gains to now trade at $9.46. The company has a market cap of $8.45 billion with an average daily trading volume of 5 million shares. So far this year, it has been under-performing the Nasdaq by 19.58%.
