Notable Midday ETF Movers 11/13: GLD, EWZ, TAN Higher; UNG Lower

November 13, 2009 1:31 PM EST

HIGHER;

  • SPDR Gold Shares (NYSE: GLD) escalating about 1.22% to $109.53. The news comes on more investors moving back to gold as the dollar weakens in the world market.

  • iShares MSCI Brazil Index (NYSE: EWZ) up 2.15% to $75.12. EWZ is up also on the weaker dollar, but also on the ETF's biggest holding, Petroleo Brasileiro SA (NYSE: PBR), as PBR announced a new oil well finding in Angola. PBR is up 2% as well.

  • Claymore/MAC Global Solar Energy (NYSE: TAN) up about 3% to $8.85. The ETF is led by positive earnings from Yingli Green Energy (NYSE: YGE), which was up 12%, but the company lifted the sector by forecasting a stronger outlook.

LOWER:
  • United States Natural Gas (NYSE: UNG) de-escalating about 0.38% to $9.02 on the continuing trend of warmer weather providing for greater than anticipated surplus.


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Stocks Mentioned

EWZ 65.37

+2.53 +4.03%
Volume: 33,277,453
Track EWZ

GLD 105.41

+1.37 +1.32%
Volume: 25,966,130
Track GLD

PBR 39.54

+1.34 +3.51%
Volume: 25,033,195
Track PBR

TAN 8.45

+0.21 +2.55%
Volume: 458,212
Track TAN

UNG 9.62

-0.19 -1.94%
Volume: 25,031,252
Track UNG

YGE 12.70

+0.30 +2.42%
Volume: 5,402,670
Track YGE


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