UPDCREIT (+9.35%) led the gainer’s chart today, while AFRIPRUD (-9.59%) was the top loser.
Oil traders are going bullish on the black liquid hydrocarbon, over the unprecedented cold snap in a leading American energy hub, Texas
Brent Crude traded ay $50.16/Barrel showing a gain of over 2%, while the WTI futures traded at $46.87/Barrel.
The market breadth index was negative with 21 losers against 13 gainers, as ARDOVA (-8.65%) led the laggards today.
Brent crude futures were up 1.1% and priced at $43.21 a barrel and West Texas Intermediate crude was priced at $40.66 a barrel, up by1.32%.
U.S. West Texas Intermediate felly by 1.57%, to trade at 39.53/barrel, after gaining 4.9% yesterday.
BERGER led 17 Gainers as against 19 Losers topped by NEM at the end of today’s session.
Tropical Storm Sally picked up its strength in the Gulf of Mexico, west of Florida yesterday.
Brent lost 6.6% for the week, adding to the previous week’s drop of 5.3%.
Brent crude prices dropped 0.51% to trade at $40.58 a barrel, after rising 2.5% on Wednesday.
