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RIO - Rio Tinto News Story

5926p 45.0  0.8%

Last Trade - 4:45pm

Sector
Basic Materials
Size
Large Cap
Market Cap £95.21bn
Enterprise Value £99.12bn
Revenue £31.99bn
Position in Universe 14th / 1813

BUZZ-European miners: Only drop of red in STOXX's green sea

Fri 14th May, 2021 8:54am
** European miners are the only stocks trading in the red as
copper prices fall on worries about tightening credit that could
cap demand for the metal  urn:newsml:reuters.com:*:nL1N2N10A5
    ** The STOXX basic resources index  .SXPP  is down 1.51%,
with KGHM Polska Miedz SA  KGH.WA , Norsk Hydro ASA  NHY.OL ,
and Antofagasta PLC  ANTO.L  the biggest fallers, down 2.6%-3.9%
    ** Three-month copper on the London Metal Exchange  CMCU3 
was down 0.7% to $10,271 a tonne at 0706 GMT, down 1.4% on a
weekly basis, its first decline since the week ended April 2
    ** The most-traded June copper contract on the Shanghai
Futures Exchange  SCFcv1  closed down 1.9% at 74,560 yuan
($11,589.70) a tonne
    ** The most heavily traded stocks on the STOXX basic
resources index include Glencore Plc  GLEN.L , Norsk Hydro Asa
and ArcelorMittal  MT.AS , down 1.2%-3.9%
    ** The pan-European STOXX 600 index  .STOXX  is up 0.32%

($1 = 6.4333 yuan)

 ((anait.miridzhanian@thomsonreuters.com))
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