Top Performing Industries For May 11 (CTCH, TBH, MGN, FOSL)

At 12:46 pm, Dow added 46.17 points or 0.43%, to 10,831.31, while the broader Standard & Poor's 500 index was up 6.42 points or 0.55%. The Nasdaq composite index too had advanced 21.19 points or 0.89%. The industries that are helping the market keep afloat today are: Internet Service Providers: The top gainer of the day, this industry added 11.48% by 12:23 pm. The top performer in this industry, Commtouch Software Ltd

CTCH

, rose by 8.94%. CTCH has tied-up with RSA, the Security Division of EMC

EMC

, to further help RSA in preventing online fraud and identity theft. Telecom Services - Foreign: This industry climbed 7.67% by 12:23 pm. The top gainer within the industry, Telecom Brasil SA

TBH

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, added 8.30%. TBH has lost 56.64% in past 52 weeks, while the S&P 500 has risen by 27.55% over the same period. Silver: This industry moved up 6.20% by 12:23 pm, with Mines Management, Inc

MGN

climbing 8.43% to gain the top spot. MGN acquires, explores and develops silver and associated base and precious metals in North America. Recreational Goods, Other: The industry, which rose 5.76%, has the top gainer in the form of Fossil Inc

FOSL

, which gained 10.09%. FOSL, the watch retailer, posted better-than-expected Q1 results, as net income more than doubled on improved revenue in North America and Asia. Read more

from Benzinga's Markets.