ML Aluminium

By: Midlincoln Analyst

Description

For this basket we consider aluminium review and related busineses

Comment

Best last week among stocks was Hankook Tire Co Ltd (161390:KS) +4.01%, ACC Ltd (ACC:IN) +1.61%, Vale SA (VALE5:BZ) +0.28%,

While worst last week among stocks was Hindalco Industries Ltd (HNDL:IN) -6.17%, Rio Tinto Ltd (RIO:AU) -5.76%, Amcor Ltd/Australia (AMC:AU) -4.94%,

Best last month among stocks was Vale SA (VALE3:BZ) +22.92%, Vale SA (VALE5:BZ) +18.19%, Kobe Steel Ltd (5406:JP) +14.40%,

While worst last month among stocks was ACC Ltd (ACC:IN) -13.80%, Amcor Ltd/Australia (AMC:AU) -5.87%, Hankook Tire Co Ltd (161390:KS) -4.02%,

Best YTD among stocks was Vale SA (VALE5:BZ) +200.86%, Vale SA (VALE3:BZ) +164.73%, Hindalco Industries Ltd (HNDL:IN) +93.07%,

While worst YTD among stocks was Kobe Steel Ltd (5406:JP) -11.79%, ACC Ltd (ACC:IN) -5.53%, Amcor Ltd/Australia (AMC:AU) 8.19%,

Companies Reported last month include:

Companies that will report next month include:

Ex Div Stocks Last Month:

Companies that will go ex-Div next month include:

Chart: Aluminium price is closer to longer trend resistance level. Is break out possible?

Source: ML, Bloomberg

Chart: Aluminium Price on a Shaky Up Trend With Lots of Gaps Down

Source: ML, Bloomberg

Aluminium Cost Curve