Market Indicators for Today: Eldorado Gold, McDermott Intl., National Oilwell
Varco, and Randgold Resources
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LONDON, December 12, 2013
LONDON, December 12, 2013 /PRNewswire/ --
On Wednesday, December 11, 2013, the US equity market finished the day on a
lower note. The S&P 500 ended the day at 1,782.22, down 1.13%; the Dow Jones
Industrial Average closed at 15,843.53, down 0.81%; and the NASDAQ Composite
finished at 4,003.81, down 1.40%. The S&P 500 Materials Sector Index edged
1.70% lower to end the day at 275.73; the S&P 500 Metals & Mining Industry
Index declined to end the day at 128.83, down 2.19%; and the S&P 500 Energy
Equipment & Services Industry Index fell 1.09% to close at 597.39. The S&P 500
Materials Sector Index has gained 3.62% in the previous three months,
underperforming the S&P 500, which has gained 5.51%, during the same period.
The major movers in the sector included Eldorado Gold Corporation (NYSE: EGO),
McDermott International Inc. (NYSE: MDR), National Oilwell Varco Inc. (NYSE:
NOV), and Randgold Resources Ltd (NASDAQ: GOLD). All these companies are
tracked by AAAResearchReports.com. Free technical research on EGO, MDR, NOV,
and GOLD can be downloaded upon signing up at:
Eldorado Gold Corp.'s stock plummeted on Wednesday, to end the day at $5.69,
down 4.69% from the previous day's closing price of $5.97. The company's
shares vacillated between $5.67 and $6.01 during the trading session. A total
of 4.99 million shares were traded, which is below the daily average volume of
6.38 million. Despite Wednesday's decline, the company's shares have gained
2.34% in the previous three trading sessions, outperforming the S&P 500, which
has fallen by 1.27%, during the same period. Moreover, Eldorado Gold Corp.'s
stock is trading below its 50-day and 200-day moving averages of $6.28 and
$7.42, respectively. Sign up today to read free research report on EGO at:
On Wednesday, shares in McDermott Intl. Inc. fell 1.59%, closing the day at
$8.06, after oscillating between $8.02 and $8.28 during the trading session. A
total of 4.21 million shares were traded, which is below the daily average
volume of 4.52 million. Despite Wednesday's losses, the company's shares have
gained 1.26% in the previous three trading sessions and 6.75% in the last
three months, outperforming the S&P 500, which has fallen by 1.27% and has
gained 5.51%, during the respective periods. Additionally, McDermott Intl.
Inc.'s stock is trading above its 50-day moving average of $7.64. Register to
download free technical analysis on MDR at:
Shares in National Oilwell Varco Inc. traded between $78.25 and $79.46 before
finishing Wednesday's session 0.97% lower at $78.37. A total of 2.80 million
shares were traded, which is above the daily average volume of 2.71 million.
The company's shares have fallen by 0.46% in the previous three months,
underperforming the S&P 500, which has gained 5.51% during the same period.
Further, National Oilwell Varco Inc.'s stock is trading above its 200-day
moving average of $73.45. A free report on NOV can be accessed by registering
On Wednesday, shares in Randgold Resources Ltd plummeted to end the day at
$65.30, which is 3.91% lower than the previous day's closing price of $67.96.
The company's shares fluctuated between $65.20 and $67.13 during the trading
session. A total of 1.08 million shares were traded, which is above the daily
average volume of 0.90 million. The company's shares have fallen by 0.21% in
the previous three trading sessions, compared to a loss of 1.27% in the S&P
500 during the same period. Furthermore, Randgold Resources Ltd's stock is
trading below its 50-day and 200-day moving averages of $71.52 and $74.42,
respectively. Register with AAA Research Reports and download the research on
GOLD for free at:
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