In trading on Thursday, shipping shares were relative leaders, up on the day by about 2%. Leading the group were shares of Dryships (NASDAQ:DRYS), up about 5.9% and shares of Genco Shipping & Trading Limited (GNK) up about 4.5% on the day.
Also showing relative strength are metals fabrication & products shares, up on the day by about 1.9% as a group, led by Insteel Industries (NASDAQ:IIIN), trading higher by about 7.7% and China Gerui Advanced Materials G (NASDAQ:CHOP), trading higher by about 6.5% on Thursday.
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