Benzinga's Top ETF Decliners (SGG, DAG, BAL, TYH)

iPath Dow Jones-UBS Sugar Subindex Total Return ETN SGG led the decliners among the ETFs on Thursday, with a 12.24% decline. SGG traded lower as sugar futures dropped more than 9%. Stronger dollar and lower prices on China's Zhengzhou exchange were cited as reasons for the decline. There were also some positive news for sugar that failed to prevent this sharp decline. Cosan CZZ announced that it will crash less sugar cane, and Egypt is planning to buy 500,000 tonnes of raw sugar. PowerShares DB Agriculture Double Long ETN DAG traded 7.35% lower on Thursday as sugar, corn, and wheat struggled. DAG closed at $12.73, and had a volume of 595K traded shares. iPath Dow Jones-UBS Cotton Subindex Total Return ETN BAL dropped 5.60% as cotton futures showed some weakness. BAL traded lower today, after nine consecutive trading sessions in the positive territory. Direxion Daily Tech Bull 3x Shares (ETF) TYH lost 5.07%, and closed at $42.10 today. TYH had a volume of 1.64M traded shares. Its average volume is 880K traded shares.
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Posted In: Sector ETFsETFsConsumer StaplesPackaged Foods & Meats
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