While the S&P 500 grew 0.7%, the Basic Materials sector (XLB) showed little movement during trading today.
As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLB was up 1.6% over the last thirty trading days while the S&P 500 climbed 2.2%.
American Vanguard (AVD) was a major loser in the sector, falling 9.6% (-$2.67) to close at $25.01 with 813,903 shares moving. The stock traded between $24.07 and $27.91. The stock has seen some negative movement recently as shares are down $2.15 (-7.9%) from a price of $27.16 on July 11, 2012.
Increasing 5.7% (+$1.75) to close at $32.45, Innospec (IOSP) was a major gainer in the sector. Today, 86,838 shares traded hands. The stock traded in a range of $30.55 to $32.49. Over the last two months, shares have shown some positive movement as the price has climbed $5.61 (20.9%) from a price of $26.84 on May 18, 2012.
Chemtura Corporation (CHMT) fell 4.6% to close at $13.79, crossing its 50-day moving average of $14.38. Meanwhile, KapStone Paper and Packaging (KS) climbed 4.7% to close at $17.97, moving past its 200-day moving average of $17.31.
Parker-Hannifin (PH) rose 3.5% to close at $76.49, approaching its 50-day moving average of $77.27. It has also moved closer to its 200-day moving average of $82.12. Kaiser Aluminum (HNH) fell 0.5% to close at $51.80, moving closer to its 50-day moving average of $50.40. Also, the stock moved closer to its 200-day moving average of $12.86.
Agrium (AGU) hit a new 52-week high today, reaching $96 to top the previous high of $93.49.
AuRico Gold (AUQ) hit a new 52-week low today, hitting $6.15 to fall below the previous low of $6.23.