Energy And Health Sectors Are Monday's Laggards

November 1
5:58 AM 2016

For Monday sectors, Energy and healthcare sectors came very low. Evident with the recent stock exchange and trade reports, energy and healthcare sectors are basically showing some remarkable loss. The movements are really noticeable for any trading and in business eyes.

The worst performing sector as of midday Monday is the Energy sector, showing a 1.3% loss. Within the sector, Baker Hughes Inc. (NYSE: BHI) and Chesapeake Energy Corp. (NYSE: CHK) are two large stocks that are lagging, showing a loss of 6.4% and 4.7%, respectively.

Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 0.9% on the day, and up 16.15% year-to-date. Baker Hughes Inc., meanwhile, is up 21.00% year-to-date, and Chesapeake Energy Corp. is up 22.61% year-to-date. Combined, BHI and CHK make up approximately 2.8% of the underlying holdings of XLE.

The next worst performing sector is the Healthcare sector, showing a 0.6% loss. Among large Healthcare stocks, Zimmer Biomet Holdings Inc (NYSE: ZBH) and Perrigo Company plc (NYSE: PRGO) are the most notable, showing a loss of 14.1% and 4.3%, respectively.

Looking at the ETF closely and relatively, if it is all about tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), it is down 0.6% in midday trading, and down 5.37% on a year-to-date basis. Zimmer Biomet Holdings Inc, meanwhile, is up 3.28% year-to-date, and Perrigo Company plc, is down 42.10% year-to-date. Combined, ZBH and PRGO make up approximately 1.3% of the underlying holdings of XLV.

Comparing these stocks and ETFs on a trailing twelve month basis, there is a relative stock price performance.  There are various reports of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. Relatively, six sectors are up on the day, while three sectors are down.

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