Russell 3000 Index: Building Materials Sub-Sector Declines for Five Straight Months
(firmenpresse) - SEATTLE, WA -- (Marketwire) -- 09/20/11 -- The materials and processing sector of the U.S. broad-market Russell 3000® Index reflected a return of (-1.6%) month-to-date through September 16th, underperforming the Russell 3000 Index (-0.3%) through September 16, 2011. Building materials, a sub-sector of the Russell 3000 Index's materials and processing sector, has also reflected negative returns for September, posting a loss of (-5.4%) for the month-to-date.
Since April 2011, the building materials sub-sector of the Russell 3000 Index has continuously underperformed the broad market (as defined by the Russell 3000 Index), with the largest declines in July and August where the sub-sector reflected returns of (-7.9 %) and (-7.7%) respectively.
The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the index are classified according to size, region, country and sector. Daily Returns for the main components are available here:
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Datum: 20.09.2011 - 13:12 Uhr
Sprache: Deutsch
News-ID 67671
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