During trading today, both the Basic Materials sector (XLB) and the S&P500 showed little movement.

Chemtura Corporation (CHMT) was a major gainer in the sector, rising 15.1% (+$1.96) to close at $14.95 with 2.4 million shares moving. The stock traded in a range of $13.78 to $15.52. Share price has been rising, and is up $1.86 (14.2%) from a price of $13.09 on July 26, 2012. American Vanguard (AVD) was another big mover, climbing $1.51 (+6.2%) to a closing price of $25.71.

ArcelorMittal (MT) was a major loser in the sector. Its price dropped 11.7% (-$1.86) to close at $14.09, as 18.1 million shares moved. The stock traded between $14 and $15.58. The stock is down over the last three months, having fallen $2.61 (-15.6%) from $16.70 on May 7, 2012.

Leucadia National (LUK) fell 5.6% to close at $20.56, crossing its 50-day moving average of $21.41. Meanwhile, Clearwater Paper (CLW) climbed 3.4% to close at $34.81, moving past its 200-day moving average of $33.78.

CIRCOR International (CIR) rose 6.5% to close at $31.23, approaching its 50-day moving average of $31.91. It has also moved closer to its 200-day moving average of $33.10. Parker-Hannifin (SQM) fell 3.3% to close at $78.85, moving closer to its 50-day moving average of $77.15. Also, the stock moved closer to its 200-day moving average of $56.63.

NewMarket Corporation (NEU) hit a new 52-week high today, reaching $241.73 to top the previous high of $238.64.