Advertisement
Singapore markets close in 1 minute
  • Straits Times Index

    3,276.38
    -11.37 (-0.35%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • FTSE 100

    8,106.38
    +27.52 (+0.34%)
     
  • Bitcoin USD

    64,395.96
    +541.66 (+0.85%)
     
  • CMC Crypto 200

    1,389.78
    -6.76 (-0.48%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,360.40
    +17.90 (+0.76%)
     
  • Crude Oil

    83.73
    +0.16 (+0.19%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,573.80
    +4.55 (+0.29%)
     
  • Jakarta Composite Index

    7,060.96
    -94.34 (-1.32%)
     
  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Is There a Buying Opportunity in Alcoa?

Is There a Buying Opportunity in Alcoa?

Alcoa (AA), the leading US-based aluminum producer, fell 9.0% in November. Alcoa has fallen 41% in 2018. Century Aluminum (CENX) and Rio Tinto (RIO) have fallen 54% and 6.3% year-to-date, respectively, based on their closing prices on November 30. In this part, we’ll discuss why Alcoa stock fell 9% in November.