BUZZ-Australian miners hit nearly 5-month high on resilient commodity prices

Reuters
14 Jul
BUZZ-Australian miners hit nearly 5-month high on resilient commodity prices

** Australian mining stocks .AXMM rise 1.3% to their highest since February 25; eye strongest trading session since July 3

** Sub-index on track for third straight session of gains

** Iron ore futures edged higher on the back of strong Chinese trade demand IRONORE/

** BHP BHP.AX and Rio Tinto RIO.AX rise 1.2% and 1.3%, respectively

** YTD, AXMM up 5.2%, in line with broader benchmark's gains .AXJO

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10