Sharecast News
21 Aug, 2020 04:19

Sector movers: Mining and Industrial metals pace losses

Rio Tinto train in the Pilbara region of Western Australia; mining

Miners' shares paced losses on the stock market at the end of the week, with Anglo American, Antofagasta, BHP, Glencore, and Rio Tinto all ending sharply lower.

Industrial Metals and Mining shares were another drag on the market with stock of Evraz and Kaz Minerals both on the back foot after news broke that Russian opposition leader Alexander Navalny had fallen ill.

Russia-focused steel maker Evraz was near the bottom of the pile on the top-flight index, retreating by 6.02%, while that of Kaz Minerals was down by just over 2%.

Top performing sectors so far today

Real Estate Investment Trusts 2,558.98 +2.52%

Real Estate Investment & Services 2,451.52 +1.60%

Leisure Goods 21,848.97 +1.21%

Alternative Energy 0.00 0.00%

Alternative Investment Instruments NULL 0.00%

Bottom performing sectors so far today

Automobiles & Parts 2,838.21 -8.59%

Industrial Metals & Mining 3,339.14 -5.51%

Forestry & Paper 16,334.63 -5.35%

Mining 18,420.79 -3.18%

Mobile Telecommunications 2,627.29 -2.55%

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Important Legal Notice about News Sources

 

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.