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Rapaport Diamond Industry Stock Tracker
Retail & Mining Shares
Jul 13, 2017 10:58 AM
By Rapaport News
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US retail stocks weakened this past week, with Macy’s (-9.7%) and Movado Group (-8.3%) recording the heaviest slides as Amazon’s continued dominance extended the low morale in the brick-and-mortar sector. Indian stocks slipped, led by Lypsa Gems (-18%), as investors feared the impact of the new goods and services tax on jewelers. Alrosa (+4.2%) gained value as it reported stable rough-diamond demand, while Gem Diamonds (-11%) declined.
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Tags:
companies, mining, money, profit, Rapaport News, retail, stocks, traded
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