During trading today, both the Basic Materials sector (XLB) and the S&P500 showed little movement.
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Increasing 11.8% (+28 cents) to close at $2.66, Almaden Minerals (AAU) was a major gainer in the sector. Today, 1.1 million shares traded hands. The stock traded in a range of $2.43 to $2.81.
Kronos Worldwide (KRO) was a major loser in the sector, falling 3.9% (-67 cents) to close at $16.60 with 904,638 shares moving. The stock traded in a range of $16.51 to $17.31. Shares are down $1.55 (-8.5%) from a price of $18.15 on August 20, 2012.
Dynamic Materials Corporation (BOOM) fell 2.8% to close at $16.17, crossing its 50-day moving average of $16.56. Meanwhile, Braskem (BAK) climbed 2% to close at $14.01, moving past its 200-day moving average of $13.91.
Curtiss-Wright (CW) rose 3% to close at $30.14, approaching its 50-day moving average of $30.20. It has also moved closer to its 200-day moving average of $32.78. Scotts Miracle-Gro (GG) fell 2.2% to close at $41.16, moving closer to its 50-day moving average of $40.89. Also, the stock moved closer to its 200-day moving average of $39.62.
Cytec Industries (CYT) hit a new 52-week high today, reaching $67.43 to top the previous high of $65.94.