Top Performing Industries For August 5 (TMRK, GRO, MON, IPI)

At 11:32 am, the Dow lost 0.31% to 10,646.90, the broader Standard & Poor's 500 index moved down 0.42% to 1,122.56 and the NASDAQ composite index fell 0.62% to 2,289.20. The industries that are driving the market today are: Telecom Services-Foreign: This industry jumped 3.97% by 11:32 am. The top stock within the industry was Terremark Worldwide Inc TMRK, which rose 3.95%. TMRK had raised its revenue projections for 2011. Farm Products: This industry rose 3.01% by 11:32 am ET. The top performer in this industry was Agria Corporation GRO, which gained 14.47%. GRO’s shares have fallen 38.71% over the past 52 weeks, while the S&P 500 index has gained 12.42% in the same period. Agricultural Chemicals: This industry moved up 2.70% by 11:32 am, with Monsanto Company MON moving up 3.97% to gain the top spot. The board of MON had raised the quarterly dividend to $0.28 per share from 26.5 cents. Nonmetallic Mineral Mining: The industry, which gained 2.27%, saw Intrepid Potash Inc IPI as the top gainer. IPI’s shares rose 5.68%. IPI had reported a year-over-year rise in its Q2 sales. Read more from Benzinga's Company news.
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Posted In: Long IdeasNewsGuidanceDividendsIntraday UpdateMarketsMoversTrading IdeasAgricultural ProductsConsumer StaplesFertilizers & Agricultural ChemicalsInformation TechnologyInternet Software & ServicesMaterialsTop Performing Industries
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