Relatively Flat-Trading Precious Metals, Tobacco Lead All Sectors

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(via COMTEX News Network)--

July 9, 2011 (FinancialWire) -- Friday's U.S. markets trading session was kept essentially in-check by a balance of gains from companies such as Anoorag Resources ANO and Almaden Minerals AAU, coupled with losses by companies such as by Autoliv ALV and Trw Automotive TRW.

Among U.S. equities, precious metals shares led all sectors on Friday, with Anoorag Resources' 4.1% gain and shares of Almaden Minerals 3.3% gain leading the way. Precious metals in-general traded relatively flat on the day Friday.

Cigarette & tobacco shares also made a relatively strong showing on U.S. exchanges Friday. The group was down by about 0.2% on the day, with British American Tobacco's BTI 1% gain and Vector Group's VGR 0.2% advance leading the way.

Lowest-performing U.S. equity sectors for Friday included construction materials & machinery stocks, down by about 2.9% on the day. Eagle Materials EXP lost about 6.3%, and CHR was down by about 5% on the day.

Also underperforming relative to the Market on Friday was the auto parts sector, by about 2.7% on the day. The group was weighed-down the most by Autoliv's 9% decline and Trw Automotive's 7.5% loss.

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Posted In: Press ReleasesAuto Parts & EquipmentConstruction MaterialsConsumer DiscretionaryConsumer StaplesDiversified Metals & MiningFinancialsMaterialsOther Diversified Financial ServicesPrecious Metals & MineralsTobacco
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