Pre-Market Analysis: Freeport-McMoRan Copper and Gold Inc., Southern Copper Corp., Rio Tinto PLC, and Walter Energy Inc.

LONDON, October 8, 2013 /PRNewswire/ --

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The U.S. equity market ended the day lower on Monday, October 7, 2013. The Dow Jones Industrial Average closed at 14,936.24, down 0.90%; the S&P 500 closed at 1,676.12, down 0.85%; and the NASDAQ Composite finished at 3,770.38, down 0.98%. Shares in the basic materials sector ended on a mixed note, even as the broader market posted losses. The major movers in the sector included Freeport-McMoRan Copper and Gold Inc. (NYSE: FCX), Southern Copper Corporation (NYSE: SCCO), Rio Tinto PLC (NYSE: RIO), and Walter Energy Inc. (NYSE: WLT). All these companies are tracked by AAAResearchReports.com. Free technical research on FCX, SCCO, RIO, and WLT can be downloaded upon signing up at:

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

Freeport-McMoRan Copper and Gold Inc.'s stock moved lower on Monday. The company's shares hit an intraday high of $33.84 before finishing the day 0.98% lower at $33.45. A total of 11.10 million shares were traded which is below the daily average volume of 13.06 million. Shares of Freeport-McMoRan Copper and Gold Inc. have lost 0.18% in the previous three trading sessions, outperforming the S&P 500 which has lost 1.05% during the same period. Additionally, the company's stock is currently trading above its 50-day and 200-day moving averages of $31.61 and $31.12, respectively. Sign up and read the complimentary report on FCX at:

http://www.AAAResearchReports.com/FCX100813.pdf

Southern Corp.'s stock moved higher on Monday, even as the broader market ended on a negative note. The company's shares fluctuated between $26.91 and $27.31 before finishing the day at $27.11, which is 0.37% higher from its previous closing price. A total of 0.92 million shares were traded which is below the daily average volume of 1.81 million. Shares in Southern Corp. have lost 0.40% in previous three trading sessions, outperforming the S&P 500 which has lost 1.05% during the same period.  In the last three months the stock has gained 0.56%, underperforming the S&P 500. Further, the company's shares are currently trading below their 50-day and 200-day moving averages of $27.92 and $32.85, respectively. The free report on SCCO can be downloaded by signing up now at:

http://www.AAAResearchReports.com/SCCO100813.pdf

Shares in Rio Tinto PLC moved lower on Monday, finishing the day at $48.25, which is 0.70% lower than its previous day's closing price of $48.59. A total of 2.45 million shares were traded which is below the daily average volume of 2.84 million. The company's shares are currently trading 20.18% lower than the 52 week high of $60.45 and 23.28% higher than the 52 week low of $39.14. Additionally, Rio Tinto PLC's stock is currently trading above its 200-day moving average of $48.67. A free report on RIO can be accessed by registering at:

http://www.AAAResearchReports.com/RIO100813.pdf

Walter Energy Inc.'s stock rose sharply on Monday, even as the broader market edged lower. The company's shares fluctuated between $14.55 and $15.63 before finishing the day at $15.12, which is 1.54% higher from its previous closing price. A total of 7.78 million shares were traded which is below the daily average volume of 8.46 million. Shares of Walter Energy Inc. have gained 4.56% in the previous three trading sessions. In the last three months the company's stock has surged 46.23%, outperforming the S&P 500 which has gained 2.71% during the same period. Moreover, Walter Energy Inc.'s shares are currently trading below their 200-day moving average of $21.72. Register with AAA Research Reports and download research on WLT for free at:

http://www.AAAResearchReports.com/WLT100813.pdf

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