The Nasdaq has slipped 0.4%, the S&P 500 has risen 0.2% and the Dow is unchanged 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 biggest movers in the Basic Materials sector (XLB) (+0.7%) are:

Company Market Cap Percentage Change
A. Schulman (Nasdaq:SHLM) $852.6 million +4.2%
Mosaic (NYSE:MOS) $24.16 billion +2.6%
Randgold Resources Ltd (Nasdaq:GOLD) $8.99 billion -2.3%
Royal Gold (Nasdaq:RGLD) $5.16 billion -2.1%
Polypore International (NYSE:PPO) $2.1 billion -2%
Worthington Industries (NYSE:WOR) $1.87 billion -1.9%
CF Industries (NYSE:CF) $12.97 billion +1.9%

Forex Broker Summary: UFXMarkets

A. Schulman (Nasdaq:SHLM) has risen 4.2% and is currently trading at $30.31 per share. So far today, the company's volume is 266,853 shares, 1.6 times the average daily volume.

Mosaic (NYSE:MOS) has increased to a share price of $58.25, a 2.6% rise. This morning, the company is trading a volume of 4.7 million shares. This is 1.6 times the current three-month average.

Randgold Resources Ltd (Nasdaq:GOLD) has decreased to $95.56 per share, a 2.3% fall. So far today, the company's volume is 308,195 shares.

Currently trading at $78.53 per share, Royal Gold (Nasdaq:RGLD) has fallen 2.1%. So far today, the company's volume is 287,585 shares, which is likely to result in less activity than yesterday's volume of 745,510 shares.

Polypore International (NYSE:PPO) has fallen 2% and is currently trading at $44.08 per share. The company's volume for the morning is 326,520 shares. This is 0.8 times the current daily average.

Worthington Industries (NYSE:WOR) is down 1.9% to reach $26.28 per share. The company's volume for the day so far is 393,777 shares, consistent with its average over the last three months.

CF Industries (NYSE:CF) is at $210.03 per share after an increase of 1.9%. The company is currently trading a volume of 300,887 shares.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. 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.

Related Articles
  1. Stock Analysis

    Analyzing Altria's Return on Equity (ROE) (MO)

    Learn about Altria Group's return on equity (ROE) and analyze net profit margin, asset turnover and financial leverage to determine what is causing its high ROE.
  2. Investing News

    Icahn's Bet on Cheniere Energy: Should You Follow?

    Investing legend Carl Icahn continues to lose money on Cheniere Energy, but he's increasing his stake. Should you follow his lead?
  3. Stock Analysis

    Analyzing Google's Return on Equity (ROE) (GOOGL)

    Learn about Alphabet's return on equity. How has its ROE changed over time, how does it compare to its peers and what factors are driving ROE for the company?
  4. Investing News

    Is Buffett's Bet on Oil Right for You? (XOM, PSX)

    Oil stocks are getting trounced, but Warren Buffett still likes one of them. Should you follow the leader?
  5. Investing News

    Chipotle Served with Criminal Probe

    Chipotle's beat muted expectations and got a clear bill from the CDC, but it now appears that an investigation into its E.coli breakout has expanded.
  6. Stock Analysis

    Analyzing Sprint Corp's Return on Equity (ROE) (S)

    Learn about Sprint's return on equity. Find out why its ROE is negative and how asset turnover and financial leverage impact ROE relative to Sprint's peers.
  7. Stock Analysis

    Why Alphabet is the Best of the 'FANGs' for 2016

    Alphabet just impressed the street, but is it the best FANG stock?
  8. Budgeting

    Plated Review, Is It Worth It?

    Take a closer look at the ready-to-cook meal service, Plated, and learn how the company can help you take the hassle out of home cooking.
  9. Investing News

    How China's Economy is Now Like America's

    China's economy could take the global economy down with it; why that might be good news in the grand scheme.
  10. Investing News

    A 2016 Outlook: What January 2009 Can Teach Us

    January 2009 and January 2016 were similar from an investment standpoint, but from a forward-looking perspective, they were very different.
RELATED FAQS
  1. How do dividends affect retained earnings?

    When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
  2. What is the difference between called-up share capital and paid-up share capital?

    The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
  3. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  4. How does additional paid in capital affect retained earnings?

    Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
  5. What types of capital are not considered share capital?

    The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
  6. What is the difference between issued share capital and subscribed share capital?

    The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>
COMPANIES IN THIS ARTICLE
Trading Center