Early Briefing and Review: Vale S.A., Alpha Natural Resources Inc., Arch Coal Inc., and Molycorp Inc.
LONDON, August 30, 2013 /PRNewswire/ --
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On Thursday, August 29, 2013, all three benchmark indexes ended higher, with the Dow Jones Industrial Average edging higher by 0.11%, the S&P 500 gaining 0.20%, and the NASDAQ Composite Index adding 0.75%. Shares in metals and minerals companies ended mostly lower, even as the broader market edged higher. The major movers included Vale S.A. (NYSE: VALE), Alpha Natural Resources Inc. (NYSE: ANR), Arch Coal Inc. (NYSE: ACI), and Molycorp Inc. (NYSE: MCP). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.aaaresearchreports.com/register/
Shares in Vale S.A. fell sharply on Thursday, extending losses from previous trading sessions. The company's shares fluctuated between $14.40 and $14.85 before ending the day 2.76% lower at $14.47. A total of 20.41 million shares were traded which is above the daily average volume of 18.72 million. In the last one month, the stock has gained 2.48%, outperforming the S&P 500 which has declined 2.80% during the same period. Despite the recent losses, the stock continues to trade above its 50-day moving average. Sign up for free report on VALE at:
http://www.AAAResearchReports.com/VALE083013.pdf
After fluctuating between $6.08 and $6.21, shares in Alpha Natural Resources Inc. ended lower on Thursday. The company's shares ended the day 0.16% lower at $6.11. A total of 7.80 million shares were traded which is below the daily average volume of 11.19 million. The company's shares have gained 9.30% in the last one month compared to a loss of 2.80% in the S&P 500 during the same period. The company's stock is trading above its 50-day moving average. ANR free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/ANR083013.pdf
Shares in Arch Coal Inc. edged lower on Thursday, finishing at $4.56, down 1.51% from their previous closing price. The company's shares oscillated between $4.53 and $4.69. A total of 4.61 million shares were traded which is below the daily average volume of 9.69 million. The company's shares are currently trading above its 50-day moving average. Furthermore, the stock has gained 10.68% in the last one month, compared to a loss of 2.80% in the S&P 500, during the same period. A free report on ACI can be accessed by registering at:
http://www.AAAResearchReports.com/ACI083013.pdf
Shares in Molycorp Inc. moved higher on Thursday, extending the gains from previous trading sessions. The company's shares ended the session 0.65% higher at $6.17 after oscillating between $6.11 and $6.29. A total of 2.26 million shares were traded which is less than the daily average volume of 6.37 million. The stock is down 3.89% in the last three trading sessions, underperforming the S&P 500 which has lost 1.12% during the same period. Register with AAA Research Reports and download research on MCP for free at:
http://www.AAAResearchReports.com/MCP083013.pdf
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SOURCE AAA Research Reports
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