Power UK stocks to record the highs of mining companies

Power UK stocks to record the highs of mining companies

On Wednesday, April 2, 2025, copper odored and then cooled and cooled at the Codelco El Tennial Processing Facility in Chile’s Machari.

Bloomberg | Bloomberg | Getty

London-heavily mining companies bounced on Thursday and a recent loss for the UK driving FTS100 Investors record high records as 50% American copper prices and strong impact of Chinese financial data.

Anglo American Midnight shares in London were 5% higher Red river And Glenkor Both 4.5% and Antihophagasta Up to 3%.

Copper in the copper market makes a profit in unrest, where prices are high and Premium Following this week, the rest of the world’s people are growing Unexpected announcement At the top of the expectation – 50% of American duties will be presented on August 1.

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Anglo American share price.

The news has been mixed for the mining giants, which has a large number of operations in American copper exports such as Chile, uncertain about supply and demand mobility. According to the Money and Market of Money and Markets of Hargrivus Lansdown, Suzanah Streter, a broader price for manufacturers can increase in the short term.

However, the main beneficiaries of the high prices of American copper are its main major mining companies that sell at the price of Chicago Mercantile Exchange (CME), According to analystsWhich are set to see high income revenue.

The United States has imported its copper in half, and in the short term, it is considered less likely to be able to increase enough production to put significant changes in the mixture, and to increase the pressure on prices.

This is a year so far for Europe-Sloved Mines Companies who have seen the worst performance Stoxx 600 In the first half of the first half, just as Growed by goods like gold are crowded?? Shares have pulled back from their April event, but companies with Rio Tinto are under the date of the year of the year The operation was disrupted due to inclement weather??

In the meantime companies are sensitive to global growth expectations, which have been pressured this year through the uncertainty of the US rate, as well as the financial signs of resource-depressed China.

Global Energy and Mining Analyst in Quilter Cheriyat, Morizo ​​Karuli, told CNBC on Thursday that China’s main indicator of Chinese economy, Chinese economy, was supporting the mining profit.

The news on Wednesday is that some members of the US Federal Reserve’s voting committee Expect interest rate deduction by the end of this year He also said that it is positive for this area.

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FTSE100.

“Finally, the (mining) area has shown a slight weakness yesterday, some degree of technical rebounds,” Karuli continued.

AJ Bell’s investment analyst Dan Kotsworth flagged the discussion on the wide market of “Possible New wave of government stimulation in China” and increased the demand for large quantities of goods due to any support to its vast property sector.

“Another is a weak dollar, because buying dollars-dimensional commodities cheaps,” Kotsworth told CNBC. The US dollars index Thursday slightly decreased, continuing the recent sensitivity of it Rate updates??

On the contrary, Kotswant said that the stock market was in a huge risk-mood, a Updates at national rates Viewed as “no sound and facts” in large quantities.

He said, “Trump is exiting, right and in the middle, and investors have begun to reject anything that is not set in the stone … that means focusing on financial data and corporate news and the flow of corporate news as the main driver of the market,” he said.

CNBC’s Spencer Kimball contributed to this story

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