Cavco continues to lead as Manufactured Housing Composite Value (MHCV) best the broader markets, posting gain

MarketWatchDowTicker8122016-postedDailyBusinessNewsMHProNewsMarketWatch informed MHProNews that the Dow industrials hit an intraday record of 18,638.14. U.S. stocks post modest weekly gains, while Nasdaq hits record. Jump in oil prices causes U.S. stocks to climb to all time highs – assisted by lower jobless claim figures.  The Dow and S&P 500 closed the day down, with the NASDAQ and MHCV rising.

Daily Business News Market Tracker:

MarketWatchDowTicker8122016-postedSPNasdaqDailyBusinessNewsMHProNews
Closing Markets graphic credit, MarketWatch.

The Dow Jones Industrial Average lost -37.05 points to close at 18,576,47.
The S&P 500 lost -1.74 points to close at 2,184.05.
NASDAQ closed up at 5,232.89 with a 4.50 point increase.

** Yahoo’s Manufactured Housing Related Index Components **

Manufactured Housing
Composite Value
^YHOH811 1,388.80 +4.19

(+0.30%)

 

The Yahoo Manufactured Housing Composite Value (MHCV) gain +4.19 points to finish 1,388.80. The MH-related stocks biggest loser was Skyline Corporation with -2.48% drop closing at $9.85 and the biggest gainer was again Cavco Industries, Inc. with a +1.23 point climb closing at $100.42. *Note: the chart below includes stocks not included in the MHCV. 

COMPANY EXCHANGE SYMBOL CLOSE  CHANGE  (%)

 

Affiliated Managers
Group, Inc.
NYSE AMG 143.13 -0.68

(-0.47%)

Berkshire Hathaway
Inc.  Parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers
NYSE BRKA 221,750.00 -140.00

(-0.06%)

Carlyle
Group
NASDAQ CG 16.03 -0.03

(-0.19%)

Cavco Industries, Inc.  NASDAQ CVCO 100.42 +1.23

(+1.24%)

Deer Valley Corporation OTCMKTS DVLY 0.55 0.00 (0.00%)
Drew Industries, Inc.  NYSE DW 95.65 -0.75

(-0.78%)

Equity LifeStyle Properties, Inc.  NYSE ELS 80.00 0.00

(0.00%)

Killam Properties Inc.  TSE KMP 12.75 +0.12

(+0.95%)

Louisiana-Pacific Corporation NYSE LPX 18.99 -0.51

(-2.62%)

Nobility Homes Inc.  OTCMKTS NOBH 15.50 0.00 (0.00%)
Northstar Realty Finance Corp  NYSE NRF 13.09 0.00

(0.00%)

Patrick Industries, Inc.  NASDAQ PATK 61.35 -0.42

(-0.68%)

Skyline Corporation NYSE SKY 9.85 -0.25

(-2.48%)

Sun Communities
Inc. 
NYSE SUI 78.75 0.00

(0.00%)

Third Avenue Value Instl 

Reflects Aug 11 1 day return.

OTCMKTS TAVFX 51.54 +0.27

(+0.53%)

UMH Properties, Inc.  NYSE UMH 12.11 +0.01

(+0.08%)

Universal Forest Properties, Inc.  NYSE UFPI 107.62 -0.52

(-0.48%)

##

(Graphic credits, MarketWatch.)

FrankGriffinDailyBusinessNewDBNwriterMHProNewsManufacturedHousingIndustryNews75x75
Frank Griffin, Daily Business News, MHProNews.

MH Industry Market Report by Frank Griffin, to Daily Business News for MHProNews.

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