Monday Sector Laggards: Metals & Mining, Electric Utilities
Metals Channel - 9 hours, 10 minutes ago
In trading on Monday, metals & mining shares were relative laggards, down on the day by about 2%. Helping drag down the group were shares of Molycorp (MCP), off about 13.6% and shares of Arch Coal (ACI) down about 5.3% on the day.
Also lagging the market Monday are electric utilities shares, down on the day by about 1.9% as a group, led down by Centrais Electricas Brasileiras (EBR), trading lower by about 5.8% and Companhia Energética de Minas Gerais (CIG), trading lower by about 4%.