In trading on Friday, rental, leasing, & royalty shares were relative laggards, down on the day by about 0.8%. Helping drag down the group were shares of Hugoton Royalty Trust (NYSE:HGT), down about 2.6% and shares of BP Prudhoe Bay Royalty Trust (NYSE:BPT) off about 1% on the day.
Also lagging the market Friday are cigarettes & tobacco shares, down on the day by about 0.7% as a group, led down by Philip Morris International (NYSE:PM), trading lower by about 2.1% and Altria Group (NYSE:MO), trading lower by about 1.4%.
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