Pre-Market Analysis: BP plc, BHP Billiton, Western Refining, and Cameco

Wed Jul 31, 2013 8:35am EDT

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Pre-Market Analysis: BP plc, BHP Billiton, Western Refining, and Cameco

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LONDON, July 31, 2013 /PRNewswire/ --

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The U.S. equity market finished on a mixed note on Tuesday, July 30, 2013, as market participants remained on the sidelines ahead of the release of Federal Reserve's monetary policy statement. While the Feds are expected to keep their monetary policy unchanged for now, investors will be looking for hints on when the central bank plans to start easing its $85 billion a month bond purchase program. Investors are also waiting for the release of some key economic data, including non-farm payrolls report for the month of July. On Tuesday, the S&P 500 and the NASDAQ managed to post gains, while the Dow Jones ended slightly lower. Shares in the basic materials and the energy sector ended on a mixed note, tracking the broader market. The major movers in the sectors included BP Plc (ADR) (NYSE: BP), BHP Billiton Limited (ADR) (NYSE: BHP), Western Refining Inc. (NYSE: WNR), and Cameco Corporation (USA) (NYSE: CCJ). All these companies are tracked by AAAResearchReports.com. Free technical research on BP, BHP, WNR, and CCJ can be downloaded upon sign up at:

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

Shares in BP Plc fell sharply on Tuesday, extending their losses from previous trading sessions. The company's shares oscillated between $41.26 and $41.83 before finishing the day 3.20% lower at $41.74. A total of 15.01 million shares were traded, which is above the daily average volume of 5.48 million. The company's shares have fallen by 4.46% in the last three trading sessions and 4.27% in the last three months as compared to a loss of 0.25% and a gain of 5.53% in the S&P 500 during the respective periods. Sign up and read the complimentary report on BP at:

http://www.AAAResearchReports.com/BP073113.pdf

BHP Billiton Ltd's (ADR) stocks struggled on Tuesday, ending the session at $62.99, down 1.65% from its previous closing price. The company's shares fluctuated between $62.70 and $63.49. A total of 1.99 million shares were traded which is below the daily average volume of 2.21 million. Despite Tuesday's pullback the company's shares have gained 9.24% in the last one month, thus outperforming the S&P 500 which has gained 4.96% in the same period. However, in the last three months, the stock has fallen by 6.29%. The free report on BHP can be downloaded by signing up now at:

http://www.AAAResearchReports.com/BHP073113.pdf

Shares in Western Refining Inc. edged higher on Tuesday, extending their gains from previous trading sessions. The company's shares fluctuated between $29.66 and $30.32 before closing the day 0.30% higher at $30.30. A total of 0.90 million shares were traded which is less than the daily average volume of 1.94 million. Western Refining's shares have gained 2.50% in the last three trading sessions as compared to a loss of 0.25% in the S&P 500. A free report on WNR can be accessed by registering at:

http://www.AAAResearchReports.com/WNR073113.pdf

Cameco Corporation's stock moved higher on Tuesday, reversing some of their losses from previous trading sessions. The company's shares oscillated between $20.41 and $20.88 before finishing the day 0.73% higher at $20.74. A total of 1.22 million shares were traded which is slightly below the daily average volume of 1.25 million. Cameco's shares have fallen by 2.35% in the last three trading sessions, underperforming the S&P 500. Register with AAA Research Reports and download research on CCJ for free at:

http://www.AAAResearchReports.com/CCJ073113.pdf

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