Miners Top FTSE 100 as China Moves to Revive Its Economy -- Market Talk

Dow Jones09-24

0837 GMT - Shares in London-listed miners are trading higher after China unveiled new measures to aid its weakening economy. Rio Tinto, Antofagasta, Glencore and Anglo American are among the biggest gainers on the London FTSE 100, all rising at least 5%. Anglo American leads the blue-chip index with a 7.2% rise. Beijing's move to jolt the economy has led to a 5.9% increase in iron ore prices on the Singapore Exchange steel index, which is the main driver of the miners' stocks, XTB research director Kathleen Brooks says in a market comment. The steel-ingredient is essential in transportation, energy infrastructure and multiple household appliances. (christian.moess@wsj.com)

(END) Dow Jones Newswires

September 24, 2024 04:37 ET (08:37 GMT)

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Rio Tinto, Antofagasta, Glencore and Anglo American are among the biggest ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7507","symbol_name":"资源股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2469945186","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2469945186","pubTimestamp":1727167020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0837 GMT - Shares in London-listed miners are trading higher after China unveiled new measures to aid its weakening economy. 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