Top Performing Industries For July 2 (MDM, SGYP.OB, GBG, FXEN)
At 10:44 am, the Dow lost 0.24% to 9,709.49, the broader Standard & Poor's 500 index moved down 0.08% to 1,026.53 and the NASDAQ composite index fell 0.17% to 2,097.85.
The industries that are faring well in the market today are:
Nonmetallic Mineral Mining: This industry gained 1.52% by 10:44 am. The top stock within the industry was Mountain Province Diamonds Inc (AMEX: MDM), which rose 9.79%. MDM is involved in the exploration and development of natural resource properties, primarily diamond, in Canada.
Drug Manufacturers-Other: This industry rose 1.41% by 10:44 am ET. The top performer in this industry was Synergy Pharmaceuticals Inc (OTC: SGYP.OB), which added 10.29%. SGYP.OB focuses on the development of drugs to treat gastrointestinal (GI) disorders and diseases.
Gold: This industry moved up 1.27% by 10:44 am, with Great Basin Gold Ltd (AMEX: GBG) moving up 5.06% to gain the top spot.
Oil & Gas Drilling & Exploration: The industry, which rose by 1.22%, saw FX Energy Inc (NASDAQ: FXEN) as the top gainer. FXEN’s shares rose 3.69%. FXEN’s quarterly revenue soared 246.40% y/y.
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