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iShares FTSE China 25 Index Fund and General Electric Among Most Active Stocks in NYSE Pre-Market


BHP Billiton was up this morning.

MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the NYSE were iShares FTSE China 25 Index Fund (NYSEARCA:FXI), General Electric (NYSE:GE), and BHP Billiton (NYSE:BHP) as of 9:05 a.m. EDT.

Investors traded 2.71 million shares of iShares FTSE China 25 Index Fund, which was down $0.06, or 0.15%.

Investors exchanged 1.78 million shares of General Electric, which was down $0.56, or 2.46%. According to Bloomberg, General Electric has cut its full-year revenue-growth forecast from 5% to 3% after quarterly sales trailed analysts' estimates. Sales for its third-quarter grew 3% from the prior-year quarter to $36.6 billion. Analysts had expected sales of $36.9 billion. GE cited lower demand for equipment, such as medical scanners and jet engines.

Investors also traded 1.09 million shares of BHP Billiton, which was up $0.26, or 0.36%. BHP Billiton CEO Marius Kloppers has declared that Australia's mining boom is over. BHP Billiton is the world's largest resources and mining conglomerate.

(Also see Pre-Market Primer: Blue Chip Companies Miss on Earnings, Europe Inches Toward Banking Union.)

Twitter: @ChrisWitrak
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