Thursday Sector Laggards: Oil & Gas Exploration & Production, Precious Metals
updated Thursday, April 27, 1:26 PMIn trading on Thursday, oil & gas exploration & production shares were relative laggards, down on the day by about 2.6%. Helping drag down the group were shares of Nabors Industries (NBR), off about 10.5% and shares of Torchlight Energy Resources (TRCH) off about 9.9% on the day.
Also lagging the market Thursday are precious metals shares, down on the day by about 2% as a group, led down by New Gold (NGD), trading lower by about 8.4% and Goldcorp (GG), trading lower by about 5.6%.
For MarketNewsVideo.com, I'm Sayoko Murase.