Pre-Market Analysis: Alcoa Inc., ArcelorMittal, Nucor Corp., and Century Aluminum Co.
Pre-Market Analysis: Alcoa Inc., ArcelorMittal, Nucor Corp., and Century Aluminum Co. PR Newswire LONDON, October 18, 2013 LONDON, October 18, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. On Thursday, October 17, 2013, the U.S. equity market ended on a mixed note. The S&P 500 and the NASDAQ Composite gained 0.67% and 0.62%, respectively, while the Dow Jones Industrial Average fell marginally by 0.01%. Shares in the basic materials-metals sector mostly ended on higher note, even as the broader market ended on a mixed note. The major movers included Alcoa Inc. (NYSE: AA), ArcelorMittal (NYSE: MT), Nucor Corporation (NYSE: NUE), and Century Aluminum Company (NASDAQ: CENX). All these companies are tracked by AAAResearchReports.com. Free technical research on AA, MT, NUE, and CENX can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ Alcoa Inc.'s stock gained 0.70% on Thursday, extending the gains from the previous trading session. The company's shares closed the day at $8.59, after oscillating between $8.47 and $8.60. A total of 20.51 million shares were traded, which is below the daily average volume of 21.83 million. The company's shares have gained 4.00% in the last one month and 4.88% in the previous three months, compared to a gain of 1.67% and 3.11% in the S&P 500 during the respective periods. Furthermore, Alcoa Inc.'s stock is trading above its 50-day and 200-day moving averages of $8.10 and $8.37, respectively. Sign up and read the complimentary report on AA at: http://www.AAAResearchReports.com/AA101813.pdf Shares in ArcelorMittal edged higher on Thursday, even as the broader market ended on a mixed note. The company's shares traded between $15.71 and $16.00 before ending the day 0.88% higher at the intra-day high of $16.00. A total of 4.84 million shares were traded, which is below the daily average volume of 5.33 million. The company's shares have surged 13.56% in the last one month and 28.93% in the previous three months, outperforming the S&P 500, which has gained 1.67% and 3.11% during the respective periods. Moreover, ArcelorMittal's stock is trading above its 50-day and 200-day moving averages of $13.90 and $13.80, respectively. The free report on MT can be downloaded by signing up now at: http://www.AAAResearchReports.com/MT101813.pdf On Thursday, Nucor Corp.'s stock advanced to close at $50.79, up 1.95% from the previous day's closing price of $49.82. The company's shares vacillated between $49.30 and $50.94 during the trading session. A total of 2.56 million shares were traded, which is above the daily average volume of 1.87 million. The company's shares have gained 3.06% in the previous three trading sessions and 12.14% in the last three months, outperforming the S&P 500, which has advanced 1.35% and 3.11% during the respective periods. Additionally, Nucor Corp.'s stock is trading near its 52-week high of $51.25 and above its 50-day and 200-day moving averages of $47.99 and $45.99, respectively. A free report on NUE can be accessed by registering at: http://www.AAAResearchReports.com/NUE101813.pdf Shares in Century Aluminum Co. edged lower on Thursday, extending the losses from the previous trading session. The company's shares fluctuated between $8.35 and $8.60 before finishing the day 0.47% lower at $8.39. A total of 0.45 million shares were traded, which is below the daily average volume of 0.68 million. Despite Thursday's losses, Century Aluminum Co.'s stock has gained 1.76% in the last one month, compared to a gain of 1.67% in the S&P 500 during the same period. Further, the company's shares are trading above their 50-day moving average of $8.30. Register with AAAResearchReports.com and download research on CENX for free at: http://www.AAAResearchReports.com/CENX101813.pdf ---- EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5. 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