Market Overview

Benzinga's Top ETF Gainers, January 23rd (BOIL, NUGT, UCO, EDC)

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ProShares Ultra DJ-UBS Natural Gas (NYSEAMEX: BOIL) spiked 18.43% on Monday, and it closed at $14.97. Natural gas traded higher on the news that Chesapeake Energy Corporation (NYSE: CHK) is going to reduce its operated dry gas drilling activity.

Direxion Daily Gold Miners Bull 3X Shares (NYSEARCA: NUGT) gained 5.12% as Barrick Gold Corporation (USA) (NYSE: ABX) jumped 2.44%, and Kinross Gold Corporation (USA) (NYSE: KGC) added 4.51%.

ProShares Ultra DJ-UBS Crude Oil (NYSEARCA: UCO) traded higher today, along with crude oil. UCO jumped 2.96%, and it closed at $41.41. Crude oil came close to $100 in today's trading session on the news that EU will stop buying oil from Iran in the second half of the year. Iran responded to the news with a threat that it will close the Strait of Hormuz shipping channel.

Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSEARCA: EDC) jumped 2.47%, and it closed at $98.38. Petroleo Brasileiro SA (ADR) (NYSE: PBR), a component of the MSCI Emerging Markets Index, spiked 4.29% on Monday.

Posted-In: Sector ETFs Emerging Market ETFs ETFs

 

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