Today's Research: Freeport-McMoRan Copper & Gold, Rio Tinto, Southern Copper, and Sterlite Industries
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LONDON, July 26, 2013 /PRNewswire/ --
On Thursday, July 25, 2013, shares in the industrial metals and minerals companies ended mostly lower even as the broader market edged higher. The major movers in the industry included Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Rio Tinto Plc (ADR) (NYSE: RIO), Southern Copper Corp. (NYSE: SCO), and Sterlite Industries India Limited (ADR) (NYSE: SLT). AAAResearchReports.com has completed their technical analysis on FCX, RIO, SCCO, and SLT and these free reports are accessible by registering at:
http://www.aaaresearchreports.com/register/
Shares in Freeport-McMoRan Copper & Gold Inc. ended slightly lower on Thursday even as the broader market posted gains. The company's shares oscillated between $28.66 and $29.14 before finishing the day 0.14% lower at $28.84. A total of 9.72 million shares were traded which is below the daily average volume of 16.17 million. The company's shares have fallen by 1.06% in the last three sessions as compared to a loss of 0.31% in the S&P 500. Sign up for free technical research on FCX at:
http://www.AAAResearchReports.com/FCX072613.pdf
Rio Tinto Plc's stock edged lower on Thursday, reversing some of their recent gains. The company's shares fluctuated between $44.57 and $45.14 before ending the session 0.11% lower at $45.14. A total of 2.87 million shares were traded which is below the daily average volume of 3.38 million. The stock has advanced 1.01% in the last three trading sessions, and 9.3% in the last one month, thus outperforming the S&P 500. With the recent gains, Rio Tinto's shares have also moved above their 50-day moving average. Be sure to read our latest technical research on RIO by registering at:
http://www.AAAResearchReports.com/RIO072613.pdf
Shares in Southern Copper Corp. slipped on Thursday, extending their losses from previous trading sessions. The company's shares oscillated between $27.58 and $28.13 before closing the day 0.64% lower at $27.78. A total of 1.68 million shares were traded which is below the daily average volume of 1.83 million. Southern Copper's shares have fallen by 3.04% in the last three sessions and 17.25% in the last three months, thereby underperforming the S&P 500 during the respective periods. Sign up and read the complimentary report on SCCO at:
http://www.AAAResearchReports.com/SCCO072613.pdf
Sterlite Industries (India) Ltd's stock moved higher on Thursday, finishing at $5.73, up 1.24% from its previous closing price. The company's shares fluctuated between $5.57 and $5.77. A total of 569,101 shares were traded which is above the daily average volume of 529,260. The company's shares have gained 0.17% in the last three trading sessions, and 7.91% in the last one month, thus outperforming the S&P 500. The free report on SLT can be downloaded by signing up now at:
http://www.AAAResearchReports.com/SLT072613.pdf
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SOURCE AAA Research Reports
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