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Market Overview

New 52-Week High Stocks (SMI, NCST, MSN, CYD)

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Semiconductor Manufacturing Int'l (ADR) (NYSE: SMI) is the top percentage gainers in morning trade and surged over 58% today to $3.84 on volume of 388K shares. SMI has made a new 52 week high at $4. Yesterday Semiconductor Manufacturing announced that it has entered into a settlement agreement with Taiwan Semiconductor Manufacturing Company to resolve pending lawsuits between them.

NUCRYST Pharmaceuticals Corp. (USA) (NASDAQ: NCST) hits a new 52-week high at $1.70 in today’s morning trade. Currently GLD is trading at $1.69, up 1.70%. NCST has gained over 154% in the last three months.

Emerson Radio Corp. (AMEX: MSN) soared 44.77% to $2.07 after Emerson announced second quarter results ended September 30, 2009. Emerson reported net revenues decreased to $51.8 million versus $53.5 million. Today Emerson has made a new 52-week at $2.24. So far this year is up over 176%.

China Yuchai International Limited (NYSE: CYD) is another stock which made a new 52 week high of $15.65 and now trades at $15.68, increased by $1.48 or 10.40% on 230K shares. So far this year, CYD gained over 302%.

 

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