|By PR Newswire||
|June 27, 2013 06:11 PM EDT||
LONDON, June 27, 2013 /PRNewswire/ --
The U.S. equity continued to recover on Wednesday, June 26, 2013. All three benchmark indexes in the U.S. surged on Wednesday as disappointing first quarter GDP data eased worries that the Federal Reserve will start winding down its $85 billion a month asset purchase program in the near future. Market sentiment was also lifted as concerns over a liquidity crunch eased after the People's Bank of China issued a statement saying that it would provide cash injections if needed. The S&P 500 rose 0.96%. However, despite the gains in the broader market, shares in basic materials companies ended on a mixed note. The major movers in the sector included Allied Nevada Gold Corp. (AMEX: ANV), Noble Energy Inc. (NYSE: NBL), FMC Corp. (NYSE: FMC), and Ternium S.A. (ADR) (NYSE: TX). All these companies are tracked by AAAResearchReports.com. Free technical research reports on ANV, TOT, NBL, FMC, and TX can be accessed by signing up at
Shares in Allied Nevada Gold Corp. tumbled on Wednesday, finishing at $5.52, down 11.11% from their previous closing price. The company's shares hit a 52-week low of $5.51. A total of 4.81 million shares were traded which is well above the daily average volume of 3.13 million. Allied Nevada Gold's shares have fallen 16.62% so far this week. Download free report on ANV upon registration at:
Shares in Noble Energy Inc. edged higher on Wednesday, extending their gains for the week. The company's shares ended the day 0.70% higher at $60.19 after oscillating between $59.01 and $60.34. A total of 2.02 million shares were traded which is slightly below the daily average volume of 2.20 million. Noble Energy's shares have gained 1.26% so far this week. The stock is currently trading near its 52-week high of $61.61. A free report on NBL can be accessed by registering at:
FMC Corp.'s stock edged higher on Wednesday, reversing some of its losses for the week. The company's shares finished the day 0.97% higher at $62.18 after fluctuating between $61.50 and $62.45. A total of 719,384 shares were traded which is below the daily average volume of 849,452. The stock is now down 0.64% for the week. The company's shares are currently trading near their 52-week high of $64.95. Register with AAA Research Reports and download research on FMC for free at:
Shares in Ternium S.A. fell sharply on Wednesday even as the broader market rallied. The company's shares ended the day 1.70% lower at $21.95 after trading between $19.96 and $22.44. A total of 113,693 shares were traded which is below the daily average volume of 222,496. Despite the losses on Wednesday, the company's shares have gained 3.88% so far this week. Read full free research on TX by signing up to AAA Research Reports at:
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SOURCE AAA Research Reports
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