Large Outflow of Money Witnessed in LyondellBasell Industries NV

LyondellBasell Industries NV (LYB) : Net money flow in LyondellBasell Industries NV (LYB) was negative ($8.14 million) and the inflow of money on uptick was $22.32 million, whereas, the outflow of money on downticks amounted to $30.46 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.73. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $1.79 million. On the other hand, the total value of block trades done on downticks was $9.82 million. The ratio of uptick to downtick block trades was 0.18. The money flow in block trades was negative ($8.03). LyondellBasell Industries NV (LYB) gained $1.24 cent during the day and reached $79.72, a gain of 1.58% over the previous day.


The company Insiders own 0.14% of LyondellBasell Industries NV shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -29.7% . Institutional Investors own 68.9% of LyondellBasell Industries NV shares. During last six month period, the net percent change held by insiders has seen a change of -38.23%.

In a related news, The director, of Lyondellbasell Industries N.V., Bindra Jagjeet S. had unloaded 3,750 shares at $80 per share in a transaction on August 30, 2016. The total value of transaction was $300,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

LyondellBasell Industries NV (NYSE:LYB): The stock opened at $79.23 and touched an intraday high of $80.03 on Friday. During the day, the stock corrected to an intraday low of $79.13, however, the bulls stepped in and pushed the price higher to close in the green at $79.72 with a gain of 1.58% for the day. The total traded volume for the day was 1,677,522. The stock had closed at $78.48 in the previous trading session.

LyondellBasell Industries NV (LYB) : Traders are bullish on LyondellBasell Industries NV (LYB) as it has outperformed the S&P 500 by a wide margin of 7.15% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.19%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.69% in the last 1 week, and is up 7.01% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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