1025 GMT - London-listed miners are seeing their shares boosted by rising base-metal prices, AJ Bell's investment director Russ Mould writes. The share price gains are propping up the resource-heavy FTSE-100 index, which has broken records in recent days, he writes. Copper, aluminium, lead, zinc and tin are all trading higher on the weak dollar. Given metals are priced in dollars, a decline in the greenback makes commodities cheaper for buyers holding other currencies, he writes. Antofagasta shares trade up 3.93% to 1,798.00 pence, Glencore's rise 2.5% to 382.95 pence, Rio Tinto's London-listed shares climb 1.9% to 5,041.00 pence while Anglo American's edge up 1.84% at 2,595.00 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
January 24, 2025 05:27 ET (10:27 GMT)
Copyright (c) 2025 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。