Against the current: Markets slid, yet Vulcan Materials Co, Martin Marietta Materials Inc, AngloGold Ashanti Limited went up and made this list of yesterday's top basic_materials stocks gainers.
Leading equity indices in the US declined as Dow Jones closed at 33,128, a 0.86% change. S&P 500 lost 0.72% and ended the session at 4,061.22.
This downslide might be related to financial indicators data published earlier as data from United States concerning Initial Jobless Claims was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 229,000 to 242,000 this month.
Even though markets fell yesterday, some basic_materials stocks were bullish. Have a look at these Top Gainers from yesterday's session:
+6.5%: Vulcan Materials Co levels up 6.5% in yesterday's session; traders eye opening bell in 3 hours time
Bullish sentiment helped the construction materials manufacturer to hammer out a noteworthy $187.2 to $199.1 range yesterday, and finally closing at $190.23 to end the session. Vulcan Materials Co's market cap is currently $25.31 billion with an average daily volume of 804,344 shares. So far this year, it has been beating the S&P by 2.79%.
+5.62%: Martin Marietta Materials levels up 5.62% in yesterday's session; traders eye opening bell in 3 hours time
Having closed Wednesday at $368.55, bullish sentiment helped Martin Marietta Materials to reach highs around $401.9 before paring gains and ending yesterday at $389.28. The company has a market cap of $24.13 billion with an average daily trading volume of 324,287 shares. So far this year, it has performed better than the S&P 500 by 10.29%.
+5.58%: AngloGold Ashanti opened at $28.78 yesterday before posting solid session gaining 5.58%
The gold mining giant rose as high as $30.27 before giving up its gains and dropping back to $29.13 before the close on yesterday. The company's market cap currently stands at $12.19 billion with an average daily volume of 3.73 million shares. So far this year, it has performed better than the Nasdaq by 35.04%.