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RIO - Rio Tinto News Story

6535p 58.0  0.9%

Last Trade - 07/05/21

Sector
Basic Materials
Size
Large Cap
Market Cap £105.80bn
Enterprise Value £109.70bn
Revenue £31.93bn
Position in Universe 12th / 1821

BUZZ-Aussie miners hit 1-month high, set for 5-day winning streak

Thu 8th April, 2021 3:40am
** The Australian sub-index for miners  .AXMM  gains as much
as 1.7%, to their highest level since March 9
    ** AXMM on track to post its fifth consecutive session of
gains 
    ** Aussie miners take cues from Asia's benchmark iron ore
futures that rose on Wednesday, as investors lapped up record
steel prices in China, prompting them to make tentative bets
 IRONORE/ 
    ** Aussie metals and mining stocks were up 0.9% in the
previous session 
    ** Mining giants BHP Group  BHP.AX  and Rio Tinto  RIO.AX 
both climb as much as 2.4% 
    ** Australian gold sub-index  .AXGD  has also risen as much
as 1.1% with heavyweight Newcrest Mining  NCM.AX  gaining 0.9%
    ** AXMM up 3.1% this year, as of last close
     

 (Reporting by Vasudha Kaukuntla in Bengaluru)
 ((Vasudha.Kaukuntla@thomsonreuters.com))
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