Pre-Market Analysis: LyondellBasell Industries, Air Products & Chemicals, Axiall, and Pacific Ethanol
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LONDON, July 26, 2013 /PRNewswire/ --
The U.S. equity market managed to post gains on Thursday, July 25, 2013. The Dow Jones and the S&P 500 remained in negative territory for most part of the day; however recovery in late trading hours helped the gauges to finish higher. The Dow Jones ended the day at 15,555.61, up 0.09% and the S&P 500 closed at 1,690.25, up 0.26%. The recovery was led by the Basic Materials sector, and among the major movers in the sector were LyondellBasell Industries N.V. (NYSE: LYB), Air Products & Chemicals Inc. (NYSE: APD), Axiall Corp. (NYSE: AXLL), and Pacific Ethanol Inc. (NASDAQ: PEIX). All these companies are tracked by AAAResearchReports.com. Free technical research on LYB, APD, AXLL, and PEIX can be downloaded upon sign up at:
Shares in LyondellBasell Industries N.V. moved higher on Thursday, tracking gains in the broader market. The company's shares fluctuated between $67.39 and $68.28 before finishing the day 0.93% higher at $68.05. A total of 2.23 million shares were traded which is below the daily average volume of 3.91 million. Despite Thursday's gains, LyondellBasell's shares have fallen by 0.60% in the last three trading sessions. The stock is currently trading near its 52-week high of $71.33 and also above its 50-day and 200-day moving averages. Sign up and read the complimentary report on LYB at:
Air Products & Chemicals Inc.'s shares hit a 52-week high of $108.66 before closing the day 6.51% higher at $107.11. A total of 8.09 million shares were traded which is above the daily average volume of 2.11 million. Air Products & Chemicals' shares have gained 9.43% in the last three trading sessions, thus outperforming the S&P 500. Moreover, the stock is currently trading above its 50-day and 200-day moving averages. The free report on APD can be downloaded by signing up now at:
Shares in Axiall Corp. edged lower on Thursday even as the broader market managed to post gains. The company's shares oscillated between $42.35 and $43.21 before ending the session 0.72% lower at $42.46. A total of 893,072 shares were traded which is below the daily average volume of 1.14 million. Axiall's shares have fallen by 4.30% in the last three trading sessions, as compared to a loss of 0.31% in the S&P 500. A free report on AXLL can be accessed by registering at:
Pacific Ethanol Inc.'s stock tumbled on Thursday, reversing all of its gains from previous trading sessions. The company's shares fluctuated between $3.95 and $4.83 before finishing the day 10.11% lower at $4.00. A total of 2.39 million shares were traded which is above the daily average volume of 321,486. The company's shares have fallen by 0.74% in the last three trading sessions, underperforming the S&P 500. However, the stock has advanced 8.70% in the last one month as compared to a gain of 6.44% in the S&P 500. Register with AAA Research Reports and download research on PEIX for free at:
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SOURCE AAA Research Reports
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