Gun shares up as Obama wins

Shares of Smith & Wesson (SWHC) and Sturm Ruger (RGR) jumped after President Obama was re-elected. Gun sales have risen in recent years on concerns the gov't might enact tougher gun control laws. Gun sales were already at a brisk pace prior to the election. Last Fri., for example, an FBI report said firearms checks prior to buys rose 18.4% in Oct. Smith & Wesson, with a strong IBD Composite Rating of 96 out of a best-possible 99, climbed back above its 50-day average line; shares rose 9.6%. Sturm Ruger shares rose 6.8%.

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Market Data

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    Currencies
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    SGDCNY=X
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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.945-0.030-3.08%
    N21.SI
    0.400.00-1.23%
    E5H.SI
    0.280.000.00%
    5WA.SI
    0.975-0.010-1.02%
    G13.SI
    4.24+0.02+0.47%
    Z74.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.184+0.072+64.29%
    A59.SI
    0.225+0.035+18.42%
    5WD.SI
    0.142+0.020+16.39%
    5IF.SI
    0.34+0.04+13.33%
    543.SI
    0.445+0.045+11.25%
    5FQ.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.117-0.148-55.85%
    F3V.SI
    0.385-0.095-19.79%
    A7S.SI
    0.345-0.085-19.77%
    T4B.SI
    0.30-0.05-14.29%
    Y06.SI
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    T77.SI