Hardware Retailing Stock Index

The home improvement industry is looking up according to the Hardware Retailing Stock Index, which reports stock activity of the leading home improvement retailers, manufacturers and builders influencing the industry. Throughout the month of October, the index gained $84 or a 6.4 percent increase, outpacing the Dow, S&P 500 and NASDAQ by more than 3 percent.

The worst performers in the stock index were Lumber Liquidators and Bluelinx Holdings. Lumber Liquidators’ shares decreased by $3.61 per share and Bluelinx Holdings’ suffered a significant percent change with shares decreasing by 8.4 percent. The best performers in the index were Tractor Supply who increased its dollars per share the most by $11.71. The other best performer in regards to percent change was Sears Holdings Corp who welcomed a 38.4 percent increase in share value.

Home Depot and Lowe’s also increased share worth by 6.3 percent and 8.1 percent respectively, indicating a good month for the home improvement industry.