Morning Research: Freeport-McMoRan Copper & Gold, Rio Tinto, Southern Copper, and Sterlite Industries Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, June 21, 2013 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 ---- EDITOR NOTES: 1.This is not company news. 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Morning Research: Freeport-McMoRan Copper & Gold, Rio Tinto, Southern Copper, and Sterlite Industries
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