BUZZ-Australia's Nickel Industries rebounds on recovering nickel prices

Reuters

2025/04/08

** Shares of Nickel Industries NIC.AX rise as much as 3% to A$0.52, their biggest intraday gain since March 26

** Shares of nickel pig iron producer recover after having closed 2% lower on the previous trading session on weakened nickel prices and soured investor sentiment on recession fears

** Nickel prices stabilise on the day as investors await further clues on the outlook for the global economy amid a global trade war MET/L

** Shares of co last up 1.5%, down 38.2% YTD

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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