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BUZZ-Antofagasta: best day in 8 yrs on copper jump

Thu, 10th Nov 2016 11:59

** Antofagasta leaps 20%, poised for its biggestone-day rise since Nov 2008, after copper surges morethan 5% to a 16-month high on Thursday

** Copper spikes on speculation US infrastructure spendcould jump under a Republican administration (sparks wave ofinterest in industrial metals); ANTO has high exposure to copper

** Peer Vedanta Resources, which posted H1 resultson Thursday, +15%, with Kaz Minerals andEvraz both up ~10%, BHP Billiton +3.8% andGlencore 6.4% higher

** ANTO top of Stoxx 600 as well as UK's FTSE 100

** Copper up 13% this wk (RM: tricia.wright1.thomsonreuters.com@reuters.net)

More News
20 Feb 2020 10:46

Kaz Minerals reports on solid year of production

(Sharecast News) - Kaz Minerals reported a 5% improvement in revenue in its final results on Thursday, to $2.27bn (?1.76bn), as higher production and sales offset lower copper prices.

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20 Feb 2020 09:58

KAZ Minerals Earnings Surge In 2019 Amid Accelerated Production

KAZ Minerals Earnings Surge In 2019 Amid Accelerated Production

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13 Feb 2020 16:12

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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5 Feb 2020 13:17

Wednesday broker round-up

(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.

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5 Feb 2020 12:19

Deutsche Bank upgrades Antofagasta, Kaz after coronavirus correction

(Sharecast News) - Deutsche Bank upgraded its stance on shares of Antofagasta and Kaz Minerals on Wednesday following the recent correction on concerns about the impact of the coronavirus.

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5 Feb 2020 09:35

UK BROKER RATINGS SUMMARY: SocGen Raises easyJet To Hold From Sell

UK BROKER RATINGS SUMMARY: SocGen Raises easyJet To Hold From Sell

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30 Jan 2020 10:43

UK WINNERS & LOSERS SUMMARY: BT Falls After Third Quarter Disappoints

UK WINNERS & LOSERS SUMMARY: BT Falls After Third Quarter Disappoints

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30 Jan 2020 09:49

Kaz Minerals Beats Production Guidance As Mines Perform Strongly

Kaz Minerals Beats Production Guidance As Mines Perform Strongly

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30 Jan 2020 08:33

Kaz Minerals Q4 copper production beats forecasts

(Sharecast News) - Kaz Minerals reported a better-than-forecast rise in annual copper production as its Aktogay mine in East Kazakhstan outperformed.

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29 Jan 2020 11:55

Kaz Minerals Secures Increase In Loan Facility To USD1 Billion

Kaz Minerals Secures Increase In Loan Facility To USD1 Billion

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23 Jan 2020 16:10

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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21 Jan 2020 09:27

UK BROKER RATINGS SUMMARY: UBS Downgrades Pearson And Card Factory

UK BROKER RATINGS SUMMARY: UBS Downgrades Pearson And Card Factory

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14 Jan 2020 11:54

Tuesday broker round-up

(Sharecast News) - DFS: Jefferies downgrades to hold with a target price of 275p.

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14 Jan 2020 09:38

UK BROKER RATINGS SUMMARY: Berenberg Downgrades BP And Raises Shell

UK BROKER RATINGS SUMMARY: Berenberg Downgrades BP And Raises Shell

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9 Jan 2020 13:11

Thursday broker round-up

(Sharecast News) - Computacenter: UBS downgrades to sell with a target price of 1,800p.

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