LONDON, June 21, 2013 /PRNewswire/ --
Shares in copper and other industrial metals and mining
companies ended mostly lower yesterday, tracking losses in the
broader market. The major movers included Freeport-McMoRan Copper
& Gold Inc. (NYSE: FCX), Rio Tinto Plc (ADR) (NYSE: RIO),
Southern Copper Corp. (NYSE: SCCO), and Sterlite Industries
(India) Limited (ADR) (NYSE: SLT).
AAAResearchReports.com has released full comprehensive research on
FCX, RIO, SCCO, and SLT. These free technical analyses can be
downloaded by signing up at
http://www.aaaresearchreports.com/register/
Shares in Freeport-McMoRan Copper & Gold Inc. saw a sharp
decline on Thursday, tracking losses in the broader market. The
company's shares ended the day at $27.72, down 5.04%, after trading between
$27.52 and $28.55. A total of 30.76
million shares were traded, which is well above the daily average
volume of 18.85 million. Freeport-McMoRan's shares have fallen over
6.50% in the last three trading sessions. Additionally, the stock
is currently trading near its 52-week low of $27.24. Download free report on FCX upon
registration at:
http://www.AAAResearchReports.com/FCX062113.pdf
Rio Tinto Plc's stock plunged in yesterday's session, extending
its losses from previous trading days. The company's shares hit a
52-week low of $41.27 before ending
the day 3.99% lower at $41.67 on a
total of 8.45 million shares traded. The company's shares
registered a trading volume of 8.4 million in yesterday's session,
which is more than double their daily average volume of 4.05
million. Rio Tinto's shares have tumbled by 5.10% in the last three
trading sessions. In the last three months, the stock has declined
by 12.26%, thus underperforming the S&P 500. RIO technical
report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/RIO062113.pdf
Shares in Southern Copper Corp. also hit a 52-week low on
Thursday as the broader market slumped. The company's shares fell
to a 52-week low of $27.90 before
finishing the day at $28.26, down
2.32%. It also saw volume turnover of 2.18 million shares, which is
above the daily average volume of 1.79 million. Southern Copper's
shares have decreased by over 5.30% in the last three trading
sessions. Furthermore, the stock is currently trading at par with
its 50-day moving average but is still below its 200-day moving
average. Its MACD is also trading below the signal line and the
zero-line. The free report on SCCO can be downloaded by signing up
now at:
http://www.AAAResearchReports.com/SCCO062113.pdf
Sterlite Industries (India)
Limited was one of the worst performers in the basic materials
sector on Thursday. The company's shares hit a 52-week low of
$5.40 before closing the day 5.90%
lower at $5.42. A total of 665,702
shares were traded, which is above the daily average volume of
556,938. In the last three months, the stock has fallen over
21.10%, thus underperforming the S&P 500. Sterlite's shares are
trading below their 50-day and 200-day moving averages. Moreover,
the stock's MACD is also trading below the signal line and the
zero-line. A free report on SLT can be accessed by registering
at:
http://www.AAAResearchReports.com/SLT062113.pdf
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SOURCE AAA Research Reports