Resource shares slump in tandem with weak energy, iron ore and metals prices
London
RESOURCE companies have experienced an horrific bear market in tandem with the slide in energy, iron ore and metals prices.
Fashionable during a euphoric boom, the resource share slump is a warning to investors who are rushing into the next speculative play, notably pricey social networking stocks and new initial public offerings.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As war unsettles the Gulf, wealthy families reassess where to place capital and relocate
MOH addressing rising healthcare costs, but cannot control commercial insurance decisions: Rahayu Mahzam