HUDI - Materials Sector Weekly Round-up: Ramaco Resources at the top; Nexa Resources drops on poor earnings

The S&P Materials Select Sector closed with a mild 0.34% loss, while the Materials Select Sector SPDR ETF (NYSEARCA:XLB) dipped 0.19% over the past 5-day trading session. Aluminum prices fell sharply during the trading week, extending a retreat from a 13-year high as China ramps up measures to ease a power crunch that has slowed economic growth as well as metals supply. Gold futures and sister metal silver ended the week with a loss as well, with movements in the US dollar possibly pulling them down. The dollar has been rising following separate data from the US Commerce Department and Chicago Business Barometer showing improved consumer spending. Iron ore prices also dropped over the week, with China's crackdown on coal prices and lower steel output as a probable factor for weak sentiment. Taking a look at this week's top gainers and losers among basic material stocks ($300M market cap or

For further details see:

Materials Sector Weekly Round-up: Ramaco Resources at the top; Nexa Resources drops on poor earnings