Notable ETF Movers of the Day 08/16: (GDX)(XHB) Higher; (IBB)Lower
Tweet Send to a Friend
Gainers
Decliners
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
- Market Vectors Gold Miners ETF (NYSE: GDX) up 2.75 percent to $45.37. The move is led by Barrick Gold Corporation (NYSE: ABX) which is higher by 3 percent on news that it is in talks to sell its holdings in Barrick Africa. Other gold miners are also moving higher due to an increase in the spot price of gold, which is trading back above $1600 per ounce.
- SPDR S&P Homebuilders (NYSE: XHB) up 2.75 percent to $22.97. The move is in response to data on U.S. building permits. Building permits increased to 812k vs. estimates of 769k. Housing starts were a bit disappointing at 746K.
Decliners
- iShares Nasdaq Biotechnology (NYSE: IBB) down 0.77 percent to $133.79. Shares of Perrigo Co. (Nasdaq: PRGO) declined by 6.4 percent following the company’s earnings report. Perrigo has a 4 percent weighting in IBB.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Chile regulators stopped build, imposed sanctions on Barrick Gold (ABX)
- Miners (GDX) on Watch with Barrick Gold (ABX), Silver Wheaton (SLW) Both Halted
- UPDATE: 8x8 Inc. (EGHT) Misses Q4 EPS by 1c
Create E-mail Alert Related Categories
ETFs, Special ReportsRelated Entities
Notable ETF Movers, Earnings, Housing Starts
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
