Pre-Market Analysis: Praxair, Stillwater Mining, Enbridge Energy, and Celanese

Wed Jun 26, 2013 9:09am EDT

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Pre-Market Analysis: Praxair, Stillwater Mining, Enbridge Energy, and Celanese

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PR Newswire

LONDON, June 26, 2013 /PRNewswire/ --

The U.S. equity market rebounded on Tuesday, June 25, 2013, after falling sharply in the previous trading session as some solid U.S. economic data lifted market sentiment. All three benchmark indexes pared most of their losses from previous trading sessions as investors digested better-than-expected economic data which overshadowed concerns over a liquidity crunch in China. Stocks also gained as comments from some Federal Reserve policymakers eased concern over the central bank's bond purchase program. The S&P 500 rose 0.95% on Tuesday. The basic materials sector ended mostly higher, tracking gains in the broader market. The major movers in the sector included Praxair Inc. (NYSE: PX), Stillwater Mining Company (NYSE: SWC), Enbridge Energy Partners L.P. (NYSE: EEP), and Celanese Corporation (NYSE: CE). All these companies are tracked by AAAResearchReports.com. Free technical research on PX, SWC, EEP, and CE can be downloaded upon sign up at

http://www.aaaresearchreports.com/register/  

Shares in Praxair Inc. ended slightly higher on Tuesday, tracking gains in the broader market. The company's shares traded between $113.82 and $114.99 before finishing the day at $114.39, up 0.25%. A total of 1.11 million shares were traded which is below the daily average volume of 1.21 million. However, despite the gains on Tuesday, Praxair's shares are down 1.69% in the last three trading sessions. In the last three months, the stock has gained 2.01% compared to a gain of 2.34% in S&P 500. The stock has a 52-week high of $120.16. Sign up and read the complimentary report on PX at:

http://www.AAAResearchReports.com/PX062613.pdf

Stillwater Mining Company's stock rose sharply on Tuesday, reversing some of its losses from previous trading sessions. The company's shares ended the day 3.18% higher at $10.37 after oscillating between $9.93 and $10.51. A total of 2.13 million shares were traded which is above the daily average volume of 1.71 million. The stock is now down 3.08% in the last three trading sessions. The free report on SWC can be downloaded by signing up now at:

http://www.AAAResearchReports.com/SWC062613.pdf

Shares in Enbridge Energy Partners L.P. moved higher on Tuesday, reversing all of their losses from previous two trading sessions. The company's shares hit an intraday high of $29.68 before ending the day 1.62% higher at $29.45. A total of 1.00 million shares were traded which is in-line with its daily average volume. Enbridge Energy Partners' shares are now up 0.07% in the last three trading sessions. Further, the stock is still trading below its 50-day moving average. A free report on EEP can be accessed by registering at:

http://www.AAAResearchReports.com/EEP062613.pdf

Celanese Corporation's stock also rose on Tuesday, reversing some of its losses from previous trading sessions. The company's shares traded between $43.71 and $44.49 before closing the day 0.98% higher at $44.12. A total of 978,749 shares were traded yesterday which is slightly above the daily average volume of 928,024. However, despite the gains on Tuesday, Celanese's shares are down 5.16% in the last three trading sessions. In the last three months, however, the stock has gained 3.98%, thus outperforming the S&P 500. Register with AAA Research Reports and download research on CE for free at:

http://www.AAAResearchReports.com/CE062613.pdf

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