Pre-Market Analysis: Alcoa Inc., ArcelorMittal, Nucor Corp., and Century Aluminum Co.
LONDON, October 18, 2013 /PRNewswire/ --
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On Thursday, October 17, 2013, the U.S. equity market ended on a mixed note. The S&P 500 and the NASDAQ Composite gained 0.67% and 0.62%, respectively, while the Dow Jones Industrial Average fell marginally by 0.01%. Shares in the basic materials-metals sector mostly ended on higher note, even as the broader market ended on a mixed note. The major movers included Alcoa Inc. (NYSE: AA), ArcelorMittal (NYSE: MT), Nucor Corporation (NYSE: NUE), and Century Aluminum Company (NASDAQ: CENX). All these companies are tracked by AAAResearchReports.com. Free technical research on AA, MT, NUE, and CENX can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
Alcoa Inc.'s stock gained 0.70% on Thursday, extending the gains from the previous trading session. The company's shares closed the day at $8.59, after oscillating between $8.47 and $8.60. A total of 20.51 million shares were traded, which is below the daily average volume of 21.83 million. The company's shares have gained 4.00% in the last one month and 4.88% in the previous three months, compared to a gain of 1.67% and 3.11% in the S&P 500 during the respective periods. Furthermore, Alcoa Inc.'s stock is trading above its 50-day and 200-day moving averages of $8.10 and $8.37, respectively. Sign up and read the complimentary report on AA at:
http://www.AAAResearchReports.com/AA101813.pdf
Shares in ArcelorMittal edged higher on Thursday, even as the broader market ended on a mixed note. The company's shares traded between $15.71 and $16.00 before ending the day 0.88% higher at the intra-day high of $16.00. A total of 4.84 million shares were traded, which is below the daily average volume of 5.33 million. The company's shares have surged 13.56% in the last one month and 28.93% in the previous three months, outperforming the S&P 500, which has gained 1.67% and 3.11% during the respective periods. Moreover, ArcelorMittal's stock is trading above its 50-day and 200-day moving averages of $13.90 and $13.80, respectively. The free report on MT can be downloaded by signing up now at:
http://www.AAAResearchReports.com/MT101813.pdf
On Thursday, Nucor Corp.'s stock advanced to close at $50.79, up 1.95% from the previous day's closing price of $49.82. The company's shares vacillated between $49.30 and $50.94 during the trading session. A total of 2.56 million shares were traded, which is above the daily average volume of 1.87 million. The company's shares have gained 3.06% in the previous three trading sessions and 12.14% in the last three months, outperforming the S&P 500, which has advanced 1.35% and 3.11% during the respective periods. Additionally, Nucor Corp.'s stock is trading near its 52-week high of $51.25 and above its 50-day and 200-day moving averages of $47.99 and $45.99, respectively. A free report on NUE can be accessed by registering at:
http://www.AAAResearchReports.com/NUE101813.pdf
Shares in Century Aluminum Co. edged lower on Thursday, extending the losses from the previous trading session. The company's shares fluctuated between $8.35 and $8.60 before finishing the day 0.47% lower at $8.39. A total of 0.45 million shares were traded, which is below the daily average volume of 0.68 million. Despite Thursday's losses, Century Aluminum Co.'s stock has gained 1.76% in the last one month, compared to a gain of 1.67% in the S&P 500 during the same period. Further, the company's shares are trading above their 50-day moving average of $8.30. Register with AAAResearchReports.com and download research on CENX for free at:
http://www.AAAResearchReports.com/CENX101813.pdf
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SOURCE AAA Research Reports
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