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Tickers in this Article: CCC, OMG, CIR, SCHN, IFF, APD, CDE
The Nasdaq has climbed 0.3%, the S&P 500 is trading down 0.2% and the Dow has declined 0.2% so far today. The basic materials sector is the category of stocks that accounts for companies involved with the discovery, development and processing of raw materials. This sector includes the mining and refining of metals, chemical producers and forestry products. The basic materials sector is sensitive to changes in the business cycle. Because the sector supplies materials for construction, it depends on a strong economy. This sector is also sensitive to supply and demand fluctuations because the price of raw materials, such as gold or other metals, is largely demand driven.

The Basic Materials sector (XLB) has moved up 0.1% so far today and here are its biggest movers:
CompanyMarket CapPercentage Change
Calgon (NYSE:CCC)$738.2 million-5.7%
OM Group (NYSE:OMG)$632.5 million+4.8%
CIRCOR International (NYSE:CIR)$627.5 million-4.4%
Schnitzer Steel Industries (Nasdaq:SCHN)$760.7 million+4.4%
International Flavors & Fragrances Inc (NYSE:IFF)$5.03 billion+3.3%
Air Prods & Chems (NYSE:APD)$16.93 billion-3%
Coeur d\'Alene (NYSE:CDE)$2.63 billion+2.7%
Software Summary: Finviz.com Stock Screener

Calgon (NYSE:CCC) is trading at $12.21 per share, down 5.7%. This morning, the company is trading a volume of 257,144 shares.

After an increase of 4.8%, OM Group (NYSE:OMG) has reached a current price of $20.48. The company's volume for the day so far is 226,156 shares, 0.9 times the current three-month average.

CIRCOR International (NYSE:CIR) has decreased to $34.47 per share, a 4.4% fall. So far today, the company's volume is 57,332 shares.

Rising 4.4%, Schnitzer Steel Industries (Nasdaq:SCHN) is currently trading at $29.61 per share. At 149,205 shares, the company's volume so far today is in line with the current daily average.

Increasing 3.3%, International Flavors & Fragrances Inc (NYSE:IFF) is trading at $63.73 per share. The company is currently trading a volume of 405,879 shares.

Slipping 3%, Air Prods & Chems (NYSE:APD) is currently trading at $77.56 per share. With 1.5 million shares changing hands so far today, the company's volume is 1.2 times its average over the past three months.

After rising 2.7%, Coeur d'Alene (NYSE:CDE) is currently trading at a share price of $30.02. So far today, 600,631 shares of the company's stock have changed hands. This is a sign that there will be less trading activity than there was yesterday.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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