If the uranium price has bottomed, these are the major uranium stocks and ETFs to watch

LiveWire11-21 14:04

In an article I published Tuesday, I pondered whether the Russian ban on enriched uranium to the US is likely to be the catalyst that ASX uranium stocks need to turnaround their generally poor share ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485430597?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-21 14:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2485430597","market":"us","top_or_hot":-1,"title":"If the uranium price has bottomed, these are the major uranium stocks and ETFs to watch","media":"LiveWire","content":"<div>\n<p>In an article I published Tuesday, I pondered whether the Russian ban on enriched uranium to the US is likely to be the catalyst that ASX uranium stocks need to turnaround their generally poor share ...</p>\n\n<a href=\"https://www.livewiremarkets.com/wires/if-the-uranium-price-has-bottomed-these-are-the-major-uranium-stocks-and-etfs-to-watch\">Source Link</a>\n\n</div>\n","source":"livewire_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If the uranium price has bottomed, these are the major uranium stocks and ETFs to watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf the uranium price has bottomed, these are the major uranium stocks and ETFs to watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-21 14:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.livewiremarkets.com/wires/if-the-uranium-price-has-bottomed-these-are-the-major-uranium-stocks-and-etfs-to-watch><strong>LiveWire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In an article I published Tuesday, I pondered whether the Russian ban on enriched uranium to the US is likely to be the catalyst that ASX uranium stocks need to turnaround their generally poor share ...</p>\n\n<a href=\"https://www.livewiremarkets.com/wires/if-the-uranium-price-has-bottomed-these-are-the-major-uranium-stocks-and-etfs-to-watch\">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":"BMN.AU","symbol_name":"BANNERMAN ENERGY LTD","start_time":0,"source_url":"https://www.livewiremarkets.com/wires/if-the-uranium-price-has-bottomed-these-are-the-major-uranium-stocks-and-etfs-to-watch","article_id":"2485430597","we_media_id":null,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/if-the-uranium-price-has-bottomed-these-are-the-major-uranium-stocks-and-etfs-to-watch","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2485430597","pubTimestamp":1732169061,"sourceInfo":{"source_id":"livewire_stock","name":"Livewire Markets"},"weMediaInfo":null,"summary":"In an article I published Tuesday, I pondered whether the Russian ban on enriched uranium to the US is likely to be the catalyst that ASX uranium stocks need to turnaround their generally poor share price performances since May.Certainly, it has been a busy few months for most Australian based uranium stocks as many progress projects towards production as soon as possible to allow them to take advantage of what’s left of 2023’s bull market in the uranium price.In this article, we’ll check in on the key ASX listed uranium companies as well as several key international players. What have they been up to recently and what are the likely key near-and-long-term drivers of their success?Then, at the end of the article (technical analysts – you can simply scroll straight to the bottom for the video!), we'll investigate what the charts of these uranium stocks, as well as four ASX and international uranium ETFs, say about whether investors are flocking in or flooding out of the uranium sector.","collect":0,"end_time":0,"defaultTopTitle":"livewiremarkets.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BMN.AU":"BANNERMAN ENERGY LTD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","PEN.AU":"PENINSULA ENERGY LTD","BK7069":"半导体产品","AEE.AU":"AURA ENERGY LTD","BK7507":"资源股","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","LU0823414478.USD":"法巴经典能源转换基金","BK4591":"室温超导概念","NXE":"Nexgen Energy Ltd.","PLS.AU":"PILBARA MINERALS LTD","BOE.AU":"BOSS ENERGY LTD","BK4156":"煤与消费用燃料","GRO":"Brazil Potash Corp.","NXG.AU":"NEXGEN ENERGY LTD-CDR","BK4585":"ETF&股票定投概念","CCJ":"Cameco Corp","EL8.AU":"ELEVATE URANIUM LTD","BK7083":"煤与消费用燃料","BK7088":"工业机械","BK7509":"中概股","AGE.AU":"ALLIGATOR ENERGY LTD","PDN.AU":"PALADIN ENERGY LTD","BK7504":"锂钴概念","BK4588":"碎股","SLX.AU":"SILEX SYSTEMS LTD","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","BK7095":"多种金属与采矿","LOT.AU":"Lotus Resources","DYL.AU":"DEEP YELLOW LTD"},"translate_title":"如果铀价已经触底，这些是值得关注的主要铀股和ETF","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DYL.AU":1,"SLX.AU":1,"PLS.AU":1,"PEN.AU":1,"PDN.AU":1,"NXG.AU":1,"NXE":1,"LOT.AU":1,"GRO":1,"EL8.AU":1,"AEE.AU":1,"CCJ":1,"BOE.AU":1,"AGE.AU":1,"BMN.AU":1},"content_text":"In an article I published Tuesday, I pondered whether the Russian ban on enriched uranium to the US is likely to be the catalyst that ASX uranium stocks need to turnaround their generally poor share price performances since May.\nCertainly, it has been a busy few months for most Australian based uranium stocks as many progress projects towards production as soon as possible to allow them to take advantage of what’s left of 2023’s bull market in the uranium price.\nIn this article, we’ll check in on the key ASX listed uranium companies as well as several key international players. What have they been up to recently and what are the likely key near-and-long-term drivers of their success?\nThen, at the end of the article (technical analysts – you can simply scroll straight to the bottom for the video! 📺), we'll investigate what the charts of these uranium stocks, as well as four ASX and international uranium ETFs, say about whether investors are flocking in or flooding out of the uranium sector.\nASX URANIUM STOCKS TO WATCH\nLet’s kick off with the Top 10 ASX uranium companies by market capitalisation (listed below from largest to smallest). We’ll close by checking in on three major international uranium companies in Kazatomprom, Cameco, and Nexgen Energy.\n\nPaladin Energy (ASX: PDN)\n\n\n\n\n\n\n\n\n\n\n\nPaladin Energy price chart\n\nIt’s fair to say that over the past three months, Paladin Energy has faced significant challenges. Earlier this month, the company warned of several major issues impacting production at its flagship Langer Heinrich Mine in Namibia. It also cut its FY2025 production guidance from 4.0–4.5 million pounds to 3.0–3.6 million pounds of uranium. Paladin Energy’s share price plunged 29% on the news.\nThe company is also struggling to bed down its proposed acquisition of Canada's Fission Uranium (TSX: FCU) for C$1.14 billion. The takeover announced in June, aims to transform Paladin Energy into a two-mine-two-geographic region company.\nFission Energy’s flagship Patterson Lake South (PLS) project is at an advanced stage of development, likely to commence production in 2029. PLS is forecast to produce 91Mlb U3O8 at a very low operating cost of C$13.02/lb over its 10-year mine life.\nIn news out Wednesday, the Canadian Government has extended the period of its national security review regarding the takeover. Brokers at Canaccord Genuity noted that because of this development, the market is now ascribing a greater probability to the deal not proceeding. If this turns out to be the case, it would reduce the broker’s price target for Paladin Energy to $12 from $15.20.\n\nSilex Systems (ASX: SLX)\n\n\n\n\n\n\n\n\n\n\nSilex Systems price chart\nOver the past three months, Silex Systems has made significant progress in commercialising its laser SILEX laser enrichment technology. The technology aims to enrich uranium for use in traditional and next-generation small modular reactors (“SMR”) more efficiently and at a lower cost compared to current enrichment methods.\nSilex owns a 51% stake (49% Cameco) in GLE which is the company aiming to commercialise the technology.\nIn October, Silex announced GLE had completed work on its Pilot Demonstration Facility, complete with two full-scale laser system modules. Preparations are being made for the commencement of enrichment testing.\nAdditionally, Silex secured a $5.1 million grant under the Australian Government’s Defence Trailblazer Program to advance the design and construction of its Zero-Spin Silicon (ZS-Si) project, aimed at producing high-purity silicon for quantum computing.\nGiven the key issue for the global uranium supply chain over the next few years is more likely to be centred around enrichment and not the supply of uranium ore, Silex proprietary technologies are likely to be closely watched by investors.\n\nBoss Energy (ASX: BOE)\n\n\n\n\n\n\n\n\n\n\n\nBoss Energy price chart\n\nIn the past three months, Boss Energy has made notable strides in its uranium production capabilities. In October, the company announced the ramping up operations at its flagship Honeymoon Uranium Project in South Australia remain on track, helping it achieve production of 89,516lb worth of uranium oxide in the September quarter.\nThe commissioning of the final components at Honeymoon are also proceeding as planned and should enable the company to achieve the mine’s nameplate capacity of 2.45Mlbpa by the middle of next year.\nAdditionally, Boss Energy advanced its 30% owned Alta Mesa project (70% enCore Energy) in Texas, bringing the first ion exchange plant online. Two other ion exchange plants are due to commence production shortly.\n\nDeep Yellow (ASX: DYL)\n\n\n\n\n\n\n\n\n\n\nDeep Yellow price chart\nOver the past three months, Deep Yellow Limited has achieved significant milestones in its uranium development initiatives. The company secured a mining licence from the Namibian government for its flagship Tumas Project, marking a pivotal step toward production.\nSubsequently, Deep Yellow appointed Ausenco Services as the project engineer and Nedbank as the lead arranger for project financing, with a Final Investment Decision anticipated by the end of this year.\nIf all goes to plan, Deep Yellow plans to begin construction at Tumas early next year with production to commence in late 2026. The company forecasts annual production of up to 3.6Mlb U3O8 per year at a C1 cash cost of US$34/lb over a 22.5-year mine life.\nIn May, the company completed a substantial equity raise of A$250 million, bolstering its financial position.\n\nBannerman Energy (ASX: BMN)\n\n\n\n\n\n\n\n\n\n\nBannerman Energy price chart\nOver the past three months, Bannerman Energy has made significant progress in advancing its Etango Uranium Project in Namibia. It has completed the first phase of early works including road access and water supply.\nIt is progressing with other early construction works and ordering long-lead time items, as well as securing relevant financing and offtake agreements. Bannerman says it is progressing towards a Final Investment Decision for Etango-8 in 2025.\nWhen fully operational, the company forecasts Etango will produce 3.5Mlbs U3O8 per year at a cash cost of US$35/lb over a 15-year mine life.\nIn June 2024, the company successfully raised A$85 million through a two-tranche placement, bolstering its cash reserves to approximately A$100 million. These funds are earmarked for the development of the Etango-8 project and general working capital.\n\nLotus Resources (ASX: LOT)\n\n\n\n\n\n\n\n\n\n\nLotus Resources price chart\nOver the past three months, Lotus Resources has made significant strides in advancing its 85%-owned Kayelekera uranium project in Malawi. Kayelekera is a brownfield (restart) project in advanced stages of recommencement, with first production forecast for the third quarter of next year.\nRevised initial restart capital expenditure of US$50 million and is fully funded by the company’s recent $130 million capital raise. Once in production, Kayelekera is forecast to produce 2.4Mlb U3O8 per year on average at a cash cost of US$34.50/lb over a 10-year mine life.\nLotus Resources had a cash balance on 30 September of $15.7 million compared to a negative operating cash flow of $1.5 million for the September quarter.\n\nPeninsula Energy (ASX: PEN)\n\n\n\n\n\n\n\n\n\n\nPeninsula Energy price chart\nOver the past three months, Peninsula Energy has faced significant challenges impacting its share price. Last month, the company reported a substantial increase in pre-production costs for the expansion of the Ross Central Processing Plant at its Lance uranium project in Wyoming.\nThe cost of the plant is expected to be US$9.5 million higher compared to initial life-of-mine estimates. In the same update, the company also cut its 2025 ramp up production profile by up to one-third to 600klb from 700klb-900klb. These developments have increased concerns about the Lance’s economics and timelines.\nAdditionally, operational setbacks, including delays in securing necessary permits and supply chain disruptions, have further hindered progress at Lance. These developments have adversely affected investor confidence, contributing to a significant decline in the company’s share price.\nStill, Peninsula Energy expects to produce 3.2-3.6Mlb U3O8 at Lance by the end of 2027 (down from the previous 3.5-4.1Mlb guidance). As per the company’s August 2022 Definitive Feasibility Study annual production at Lance is forecast to be 1Mlb per year at a cash cost of US$39/lb over a 14-year mine life.\nThe company notes it had an unaudited cash balance on 31 October of approximately US$68 million and that it “is funded well beyond first production”.\n\nAlligator Energy (ASX: AGE)\n\n\n\n\n\n\n\n\n\n\nAlligator Energy price chart\nOver the past three months, Alligator Energy has advanced its exploration activities at its flagship Samphire project in South Australia. Drilling continues at the project to extend the resource, as well as ongoing permitting and planning for a pilot plant conduct various feasibility studies.\nA drilling campaign completed in October helped Alligator Energy increase the Indicated Mineral Resource Estimate (“MRE”) for Samphire by 21% to 12.9Mlb U3O8 at an average grade of 754ppm.\nIn September, the company raised $25.5 million through an institutional placement to fund the development of its uranium projects. In the September quarter, the company had a negative net operating cash flow of $666,000.\n\nAura Energy (ASX: AEE)\n\n\n\n\n\n\n\n\n\n\nAura Energy price chart\nOver the past three months, Aura Energy Limited has made significant progress in advancing its flagship Tiris Uranium Project in Mauritania.\nIn September, the company announced an updated production target for Tiris, stating that it now aims to extend the mine life to 25 years. It also reported improved project economics including annual production increasing to 1.9Mlb per year (up from 1.87Mlb) at a C1 cash cost of US$30.10/lb (down from US$31.40/lb) for a 25-year mine life (up from 17-years).\nAdditionally, Aura Energy has been actively engaging with the Swedish government regarding its Häggån Project, as Sweden considers lifting its domestic uranium mining ban.\nEarlier this week, Aura Energy requested a trading halt on its share be removed to allow it to finalise a “project update” to the market, saying “Further work on the project update is required which we estimate will be completed within approximately a month and an announcement will be made at that point.”\nAura Energy had a cash balance on 30 September of $15.7 million compared to a negative operating cash flow of $1.5 million for the September quarter.\n\nElevate Uranium (ASX: EL8)\n\n\n\n\n\n\n\n\n\n\nElevate Uranium price chart\nOver the past three months, Elevate Uranium has continued to progress exploration at its flagship Koppies Uranium Project in Namibia.\nIn October, the company announced a substantial 136% increase in the resource estimate for at Koppies, bringing total Mineral Resources to 66.1Mlb U3O8 (43.6Mlb Indicated, 22.5Mlb Inferred).\nIn its latest September Quarter Activities and Cash Flow update, Elevate noted it had $7.14 million cash in the bank versus a negative net operating outflow for the quarter of $3.49 million.\nGLOBAL URANIUM STOCKS TO WATCH\nKazatomprom and Cameco are ranked number one and number two in the world respectively for uranium production. Together, they account for around two-fifths of global uranium supply. They are arguably compulsory additions to any global lithium stocks review.\nNexgen Energy is not a producer yet, but it is working towards production at its flagship Rook I operation in Canada by early 2028. Once in full swing, Rook I is expected to elevate Nexgen to a top 10 global uranium producer. It’s also included here because it is listed on the ASX.\n\nKazatomprom (LSE: KAP)\n\n\n\n\n\n\n\n\n\n\nKazatomprom price chart (Source: Yahoo! Finance)\nOver the past three months, Kazatomprom, the world's largest uranium producer, has undertaken significant strategic initiatives. In November, the company secured an exclusive six-year licence for uranium exploration at the Severnoye block of Kazakhstan's Budenovskoye deposit, with inferred resources estimated at over 100kt U3O8.\nAdditionally, Kazatomprom finalised major contracts with China's CNNC Overseas and China National Uranium Corporation, aiming to bolster Kazakhstan's role in the global nuclear market by ensuring a stable uranium supply to China.\nMore broadly speaking, it’s worth noting that Kazatomprom has faced significant production challenges through 2023 and into 2024. In August 2024, the company announced a 17% reduction in its 2025 production target, citing project delays and shortages of sulphuric acid, a critical reagent in uranium extraction. This cut represents approximately 20% of current global uranium supply.\nKazatomprom's production downgrade underscores the fragility of supply chains in the uranium sector and raises questions about the industry's ability to meet growing demand.\n\nCameco Corporation (TSX: CCO, NYSE: CCJ)\n\n\n\n\n\n\n\n\n\n\nCameco price chart (Source: Yahoo! Finance)\nOver the past three months, Cameco Corporation has experienced notable developments in its operations and financial performance.\nIn November, the company reported a third-quarter loss but raised its full-year revenue guidance and dividend forecast, reflecting confidence in its long-term prospects. September quarter production of 4.3Mlb U3O8 was below most analysts' expectations, but Cameco managed to increase its full-year production guidance to 23.1Mlb U3O8.\nDespite the earnings miss, the other positive factors lead to Cameco's shares gaining 6% on its September quarter results, indicating substantial investor optimism over its prospects.\nIn the past three months, Cameco Corporation has also faced notable production challenges, particularly at its Cigar Lake mine, where equipment reliability issues led to a downward revision of the 2023 production forecast.\nAdditionally, the company's joint venture in Kazakhstan, JV Inkai, continues to experience procurement and supply chain issues, particularly concerning sulfuric acid. These issues will cause Cameco to increase its market purchases of uranium from 2Mlb previously to 3Mlb for calendar year 2024.\n\nNexgen Energy (TSX: NXE, NYSE: NXE, ASX: NXG)\n\n\n\n\n\n\n\n\n\n\n\nNexgen Energy price chart (Source: Yahoo! Finance)\n\n\n\nOver the past three months, NexGen Energy has advanced its Rook I Project in Canada’s Saskatchewan's Athabasca Basin. In August, the company reported its most significant drill hole to date, RK-24-207, indicating a substantial expansion of the mineralized zone at Patterson Corridor East.\nAdditionally, NexGen updated the project's economics, revising the pre-production capital cost estimate to C$2.2 billion, reflecting a 70% increase from the 2021 feasibility study.\nIn June, the Canadian Nuclear Safety Commission completed its review of NexGen's Environmental Impact Statement, marking a key step toward regulatory approval.\nWhen up and running in 2029, Rook I is forecast by Nexgen Energy to produce up to 30Mlb U3O8 per year for the first 5-years at a cash cost of C$13.86/lb over a 11-year mine life. (Note: In theory, Rook I could buy the largest producing mine in the world when operational).\nURANIUM, PLUS ASX & GLOBAL URANIUM STOCKS & ETFs TECHNICAL ANALYSIS REVIEW\n\n\n\n\nUranium and ASX & global uranium stocks and ETFs technical analysis review video\n\nNote: This video was filmed Thursday 21 November during regular ASX trading hours. Some of the charts therefore have changed since then. I intend to provide regular updates to keep investors appraised of developments in the technicals in this sector down the track.\n\n\nIMPORTANT DISCLAIMER: The content of this presentation is general in nature, does not constitute a recommendation, and does not take into account your financial situation, personal objectives or needs. Before acting upon any of the information in this presentation, you should consider it carefully, and then consider your objectives, financial situation and needs and take all reasonable steps to fully understand the possible outcomes of trades and strategies that can be employed. We recommend you seek independent financial advice to ensure that any information provided here is suited to your financial situation and requirements. Market Index and its data suppliers accept no responsibility for any claim, loss or damage as a result of information in this video. All information in this video is provided \"as is\" and without warranties of any kind either express or implied and is not intended for trading purposes.\n\nThis article first appeared on Market Index on Thursday 21 November 2024.\n\n \n\n\nNever miss an update\n\n    Enjoy this wire? Hit the ‘like’ button to let us know. \n    Stay up to date with my current content by \n    following me below and you’ll be notified every time I post a wire","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485430597"}