BUZZ-Australian miners hit record high on robust commodity prices
Reuters
Yesterday
BUZZ-Australian miners hit record high on robust commodity prices
** Australian miners .AXMM rise as much as 1.8% to a record high
** Mining major BHP BHP.AX climbs 3.2% to a lifetime high; Rio TintoRIO.AX gains 4.2%
** Copper prices rose on optimism over growth and demand following U.S. Supreme Court's ruling against Donald Trump's sweeping reciprocal tariffs MET/L
** Bullion gained as investors moved to the safe-haven asset on tariff concerns GOL/
** Iron ore prices jumped on hopes of pick-up in feedstock demand as liquidity returns to Chinese market after Lunar New Year holidays IRONORE/
** Sub-index up 18.9% YTD
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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