The Nasdaq is down 0.7%, the S&P 500 is unchanged and the Dow has moved up 0.3% after the morning's trading. 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 increased 0.4% so far today and here are its biggest movers:

CompanyMarket CapPercentage Change
Westlake (NYSE:WLK)$4.84 billion+2.9%
LyondellBasell (NYSE:LYB)$29.85 billion+2.8%
Innospec (Nasdaq:IOSP)$749.8 million-2.2%
Sherwin-Williams (NYSE:SHW)$15.59 billion-2.2%
Quaker (NYSE:KWR)$661.4 million-2.2%
Koppers Holdings (NYSE:KOP)$729.2 million+2%
Software Summary: Stock Screener

So far today, the company's volume is 35.6 million shares, 1.1 times the average daily volume.

Westlake (NYSE:WLK) has moved up 2.9% and is currently trading at $74.62 per share. So far today, the company's volume is 326,235 shares.

LyondellBasell (NYSE:LYB) has risen 2.8% to hit a current price of $53.37 per share. The company's volume is currently two million shares for the day, on pace to finish the day below yesterday's volume of six million shares.

After a decline of 2.2%, Innospec (Nasdaq:IOSP) has hit a share price of $31.49. This morning, the company is trading a volume of 33,381 shares. This is 0.3 times its average volume over the past three months.

Sherwin-Williams (NYSE:SHW) is down 2.2% to reach $147.84 per share. The company's volume is currently 433,918 shares for the day, 0.4 times the current daily average.

At $49.45, Quaker (NYSE:KWR) has slipped 2.2%. The company's volume for the day so far is 10,135 shares.

Rising 2%, Koppers Holdings (NYSE:KOP) is currently trading at $36.15 per share. So far today, 38,762 shares have changed hands, consistent with the volume from yesterday while it was 94,305 shares yesterday.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

Filed Under: ,
Tickers in this Article: FCX, WLK, LYB, IOSP, SHW, KWR, KOP

comments powered by Disqus

Trading Center