Top Narrow Based Indexes for May 10 (SCGLY, MHO, NILSY)
The S&P 500 has started to swing along the 1150 line in recent movements. All the indices are posting broad and strong gains. Volume too has been high, with more than 1 billion shares traded so far on the NYSE. By 2:06 pm, the Dow Jones Industrial Average was up 332.84 points or 3.21%, to 10,713.27, while the broader Standard & Poor's 500 index had gained 39.05 points or 3.52%. The Nasdaq composite index had also climbed 88.55 points or 3.91%. Some of the narrow based indexes that are driving the market are the France Stocks and ADRs, which have gained 10%, Homebuilder Stocks, up 8.9% and Russia Stocks and ADRs, moving 8.7% higher as a group.
In Tickerspy's France Stocks and ADRs complex, Societe Generale SPO (OTC: SCGLY) had surged 23.97% by 1:41 pm. The French banking giant, SCGLY, has posted strong Q1 results.
The best performing Tickerspy Homebuilder stock has been M/I Homes Inc (NYSE: MHO), which was up 21.02%. MHO has posted narrower losses for Q1.
JSC MMC NORILSK ADR (OTC: NILSY) is today’s leading Tickerspy's Russia Stocks and ADRs stock, gaining 10.83% by 1:41 pm. NILSY has a 52 week trading range of $7.29-$20.05.
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