Top Performing Industries For August 12 (BUD, SVM, AAP, ANV)

At 11:14 am, the Dow lost 0.30% to 10,347.88, the broader Standard & Poor's 500 index moved down 0.38% to 1,085.37 and the NASDAQ composite index fell 0.62% to 2,194.93. The industries that are still afloat in the market today are: Beverages-Brewers: This industry jumped 3.29% by 11:14 am. The top stock within the industry was Anheuser-Busch Inbev SA BUD, which rose 4.72%. BUD has reported better-than-expected profit for the latest quarter. Silver: This industry rose 2.63% by 11:14 am ET. The top performer in this industry was Silvercorp Metals Inc SVM, which gained 3.65%. SVM is all set to report its Q1 earnings after the closing bell today. Auto Parts Stores: This industry moved up 2.37% by 11:14 am, with Advance Auto Parts Inc Advance AAP moving up 5.93% to gain the top spot. AAP had posted upbeat Q2 results, apart from raising its earnings projections for the full year. Gold: The industry, which gained 2.11%, saw Allied Nevada Gold Corp ANV as the top gainer. ANV’s shares rose 5.67%. ANV has reported an increase in measured and indicated resources of gold and silver at its wholly owned Hycroft Mine located near Winnemucca, Nevada. Read more from Benzinga's Company news.
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Posted In: EarningsLong IdeasNewsGuidanceIntraday UpdateMarketsTrading IdeasAutomotive RetailConsumer DiscretionaryGoldMaterialsTop Performing Industries
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