BUZZ-Australian miners set for worst session in over two months as metal prices fall** Australian miners .AXMM fall 3.8%, on track for their steepest intraday drop since November 21
** Iron ore prices fall on Thursday dragged by high inventories; copper slips as demand worries simmer due to rising stock levels IRONORE/ MET/L
** The world's largest listed miner BHP BHP.AX slid 4%, on track for its worst session since April 7, while Rio Tinto RIO.AX and Fortescue FMG.AX fell 1.2% each
** AXMM up 7.7% YTD
(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.singhchundawat@thomsonreuters.com))
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