In trading on Thursday, shipping shares were relative laggards, down on the day by about 3.1%. Helping drag down the group were shares of Safe Bulkers (NYSE:SB), off about 21.6% and shares of Dryships (NASDAQ:DRYS) off about 14.4% on the day.
Also lagging the market Thursday are precious metals shares, down on the day by about 2% as a group, led down by Sandstorm Gold Limited Ord (AMEX:SAND), trading lower by about 9.4% and Banro (AMEX:BAA), trading lower by about 6.6%.
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