Market Overview

Top Performing Industries For June 21 (CENX, PKX, SLT, MFN)

At 11:12 a.m., the Dow soared 96.29, or 0.92%, to 10,546.93, the broader Standard & Poor's 500 index moved up 8.56, or 0.77%, to 1,126.07 and the NASDAQ composite index gained 13.79, or 0.60%, to 2323.59.

The industries that are driving the market today are:

Aluminum: The top gainer of the day, this industry added 6.79% by 11:12 am. The top gainer within the industry was Century Aluminum Company (NASDAQ: CENX), which jumped 10.26%. CENX’s quarterly revenue growth is 27.10% y/y.

Steel & Iron: This industry climbed 4.66% by 11:12 a.m. ET. The top performer in this industry was POSCO (NYSE: PKX), which added 8.58%. PKX has put a temporary hold on its acquisition talks with Thainox Stainless.

Copper: This industry moved up 4.61% by 11:12 am, with Sterlite Industries (India) Limited (NYSE: SLT) climbing 6.28% to gain the top spot. SLT’s quarterly earnings growth is 273.00% y/y.

Industrial Metals & Minerals: The industry, which rose by 4.41%, has the top gainer in the form of MineFinders Corp Ltd (AMEX: MFN). MFN’s shares gained 8.35% to trade at $9.47. MFN undertakes exploration, development and mining of precious and base metal properties in Mexico and the US.

Read more from Benzinga's Company news.

Posted-In: Top Performing IndustriesLong Ideas News Markets Trading Ideas

 

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