The SPDR S&P Global Natural Resources ETF (AMEX:GNR) is seeing unusually high volume in afternoon trading Thursday, with over 316,000 shares traded versus three month average volume of about 63,000. Shares of GNR were off about 0.8% on the day.
Components of that ETF with the highest volume on Thursday were Alcoa (NYSE:AA), trading off about 2.1% with over 9.6 million shares changing hands so far this session, and Freeport Mcmoran (NYSE:FCX), off about 1.7% on volume of over 7.9 million shares. Veritiv (NYSE:VRTV) is the component faring the best Thursday, up by about 0.9% on the day, while Canadian Natural Resources Limited (TSE:CNQ.CA) is lagging other components of the SPDR S&P Global Natural Resources ETF, trading lower by about 3.4%.
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