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Closing Glance: Electrical equipment closes higher



By AP
13 June 2008 @ 04:20 pm ET

NEW YORK - Shares of electrical equipment companies finished higher alongside the broader market as oil prices eased and the Labor Department said core inflation rose modestly, although prices jumped at their highest rate month-to-month when including volatile food and energy costs.

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Quotes
AVT 25.36 1.69
TNB 31.97 0.38
MOLX 16.56 -0.31
GTI 15.06 0.12

How shares of some electrical equipment makers performed:

Graftech International Ltd., up 91 cents, or 3.7 percent, to $25.50.

Avnet Inc., up 61 cents, or 2.1 percent, to $29.68.

Thomas & Betts Corp., up 27 cents to $38.

Molex Inc., up $1.03, or 3.9 percent, to $27.47.

Copyright 2009 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

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