Steep depreciation of SSR Mining, The worst day of Basic materials LSE

Report LSE 2024-02-16

Today's Stock Tops, brutal rises

The best price increases today correspond to Toyota Motor, IBM, Marathon Petroleum, General Electric, TomCo Energy.

- The Stock that has risen the most is Toyota Motor, increasing its value by 85,64% reaching up to 3.414,00£ per share. Without a doubt, the protagonist of the day.
- The second Stock to close in the top 3 is IBM, its value rises by 57,87%, and now we can buy its shares for 187,79£. We are always monitoring this Stock.
- The third action in the Top of the day is Marathon Petroleum, which reaches 172,06£, having a rise of 57,07%. This action is very popular.

Shares sinking today

The worst stocks of the day are SSR Mining, OMG, XP Power, Baron Oil, Comcast. Their prices plummet.

- The value that has had the worst results today due to the drop in its price is SSR Mining, becoming worth 6,52£ right now, down a -68,10%. Sometimes, selling at a loss in a good deal.
- The stock that is in second place is OMG, its value has dropped by -44,89%, decreasing its value to 62,00£. Let's follow the evolution of the stock very closely.
- The number 3 of the top of the strongest falls is XP Power, going down to 961,00£, lowering its value with respect to yesterday by -35,85%. We cannot lose this Stock of sight.

Several sectors that have risen brilliantly today

The most favored sectors this day have undoubtedly been Information technology, Cyclical consumption, Energy, well above the rest.
Thanks to the events that occurred this time ago, we can observe three major increases: Firstly, Information technology with an increase in 4,57%, secondly, Cyclical consumption with an increase in 4,45% and, in third place, Energy with a total increase in 1,53%.

There are actions that have managed to boost these categories thanks to their results, such as, for example, Toyota Motor which has increased by 85,64% to reach 3.414,00£, IBM which has reached the value of 187,79£ due to to the increase of 57,87%, or Marathon Petroleum with a current value of 172,06£ after its rise in 57,07%.

Depreciation of securities of the main sectors

The top 3 worst sectors of the day are Basic materials, Supplies, Technological, we know that they are temporary situations, and that they become opportunities.
Today there has been no mercy with Basic materials, which has dropped by -0,74% its entire conglomerate, then we have the sector Supplies which has also been heavily affected with a drop in -0,68%, and close to them is Technological, which has reached an average drop of -0,56%. Every day we receive information that affects our assets in one way or another.

The stocks most affected by this drop in the sector have been SSR Mining, OMG and XP Power, with a decrease in -68,10%, -44,89% and -35,85% respectively.

Most active actions of the day today

The most active Securities today have been Mosman Oil Gas with 491,72M of operations, Supply@Me with 330,68M buy-sell options, Premier African Minerals with 234,41M buy-sell movements and UK Oil & Gas A with 164,97M volume of assets. They are the stocks that have captured the most interest today.