Press Metal Aluminium Set to Gain From Higher Aluminum Prices -- Market Talk

Dow Jones

2024-12-02

0425 GMT - Press Metal Aluminium should benefit from a hike in global aluminum prices and other tailwinds, RHB IB analyst Cindy Lee writes in a note. RHB Economics expects the Fed to cut rates in December, with an additional 100 bps of cuts to come in 2025, which could mean higher aluminum prices. RHB IB remains optimistic on the aluminum sector, thanks to the recovery in aluminum average selling prices and growing awareness of green industries. The Malaysian aluminum producer could also gain from China's recent removal of the 13% tax rebate on aluminum exports, she adds. RHB IB raises the stock's target price to MYR6.39 from MYR6.30 while maintaining a buy rating. Shares are last at MYR4.92.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

December 01, 2024 23:25 ET (04:25 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2488643614"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2488643614\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2488643614?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-02 12:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2488643614","market":"other","top_or_hot":-1,"title":"Press Metal Aluminium Set to Gain From Higher Aluminum Prices -- Market Talk","media":"Dow Jones","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0425 GMT - Press Metal Aluminium should benefit from a hike in global aluminum prices and other tailwinds, RHB IB analyst Cindy Lee writes in a note. RHB Economics expects the Fed to cut rates in December, with an additional 100 bps of cuts to come in 2025, which could mean higher aluminum prices. RHB IB remains optimistic on the aluminum sector, thanks to the recovery in aluminum average selling prices and growing awareness of green industries. The Malaysian aluminum producer could also gain from China's recent removal of the 13% tax rebate on aluminum exports, she adds. RHB IB raises the stock's target price to MYR6.39 from MYR6.30 while maintaining a buy rating. Shares are last at MYR4.92.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 01, 2024 23:25 ET (04:25 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Press Metal Aluminium Set to Gain From Higher Aluminum Prices -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Metal Aluminium Set to Gain From Higher Aluminum Prices -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2024-12-02 12:25</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0425 GMT - Press Metal Aluminium should benefit from a hike in global aluminum prices and other tailwinds, RHB IB analyst Cindy Lee writes in a note. RHB Economics expects the Fed to cut rates in December, with an additional 100 bps of cuts to come in 2025, which could mean higher aluminum prices. RHB IB remains optimistic on the aluminum sector, thanks to the recovery in aluminum average selling prices and growing awareness of green industries. The Malaysian aluminum producer could also gain from China's recent removal of the 13% tax rebate on aluminum exports, she adds. RHB IB raises the stock's target price to MYR6.39 from MYR6.30 while maintaining a buy rating. Shares are last at MYR4.92.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 01, 2024 23:25 ET (04:25 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6027","symbol_name":"貿易公司與經銷商","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2488643614","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488643614","pubTimestamp":1733113500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0425 GMT - Press Metal Aluminium should benefit from a hike in global aluminum prices and other tailwinds, RHB IB analyst Cindy Lee writes in a note. RHB Economics expects the Fed to cut rates in December, with an additional 100 bps of cuts to come in 2025, which could mean higher aluminum prices. RHB IB remains optimistic on the aluminum sector, thanks to the recovery in aluminum average selling prices and growing awareness of green industries. The Malaysian aluminum producer could also gain from China's recent removal of the 13% tax rebate on aluminum exports, she adds. RHB IB raises the stock's target price to MYR6.39 from MYR6.30 while maintaining a buy rating. Shares are last at MYR4.92.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6027":"贸易公司与经销商","BK6507":"矿产资源股","5MD.SI":"顺联"},"translate_title":"压榨金属铝将从铝价上涨中受益——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5MD.SI":1},"content_text":"0425 GMT - Press Metal Aluminium should benefit from a hike in global aluminum prices and other tailwinds, RHB IB analyst Cindy Lee writes in a note. RHB Economics expects the Fed to cut rates in December, with an additional 100 bps of cuts to come in 2025, which could mean higher aluminum prices. RHB IB remains optimistic on the aluminum sector, thanks to the recovery in aluminum average selling prices and growing awareness of green industries. The Malaysian aluminum producer could also gain from China's recent removal of the 13% tax rebate on aluminum exports, she adds. RHB IB raises the stock's target price to MYR6.39 from MYR6.30 while maintaining a buy rating. Shares are last at MYR4.92.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 01, 2024 23:25 ET (04:25 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}