Shares of LyondellBasell Industries NV (LYB) Sees Large Outflow of Money

LyondellBasell Industries NV (LYB) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($19.83 million) and the uptick to downtick ratio was 0.69. The transaction value on upticks was $44.92 million and on downticks, the transaction value was $64.75 million. In block trades, the transaction value of inflow done during uptick was $3.38 million. The transaction value of block trades during downticks was $18.81 million. The uptick to downtick block trade ratio was 0.18. The money flow was negative ($15.43 million), indicating the traders were booking profit on the price strength. LyondellBasell Industries NV (LYB) rose $2.16 at $77.49, during intraday Monday , a rise of 2.87% over the previous days close.


Shares of LyondellBasell Industries N.V. appreciated by 2.74% during the last five trading days but lost 0.54% on a 4-week basis. LyondellBasell Industries N.V. has dropped 5.95% during the last 3-month period . Year-to-Date the stock performance stands at -8.97%.

LyondellBasell Industries NV (NYSE:LYB): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $75.49 and $75.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.49, notching a gain of 2.87% for the day. The total traded volume was 3,263,918 . The stock had closed at $75.33 on the previous day.

In a related news,The officer (SVP Research & Development) of Lyondellbasell Industries N.V., Covezzi Massimo sold 7,551 shares at $89.14 on April 26, 2016. The Insider selling transaction had a total value worth of $673,096. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

LyondellBasell Industries N.V. (LyondellBasell) is a global, independent chemical company. The Company operates through five segments: Olefins and Polyolefins-Americas (OandP-Americas), Olefins and Polyolefins-Europe, Asia, International (OandP-EAI), Intermediates and Derivatives (IandD), Refining, and Technology. Its OandP-Americas segment produces and markets olefins, including ethylene and ethylene co-products, and polyolefin. Its OandP-EAI segment produces and markets olefins, including ethylene and ethylene co-products, polyolefin and specialty products, including polybutene-1 and polypropylene compounds. Its IandD segment produces and markets propylene oxide and its co-products and derivatives, acetyls, including methanol and ethylene oxide. Its Refining segment refines heavy, high-sulfur crude oil. Its Technology segment develops and licenses chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts.

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