SUBSCRIBERS
Resource shares slump in tandem with weak energy, iron ore and metals prices
Published Mon, Aug 10, 2015 · 09:50 PM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Golden Agri Q1 profit falls 60% to US$37 million on weaker crude palm oil prices
First Resources posts 86.6% higher Q1 profit of US$36.1 million
Oil settles lower as inflation data gives way to market jitters
Anglo American to split group after rejecting BHP bid
Anglo American explores De Beers IPO as part of break-up, sources say
Indonesia's Pertamina ramps up Balikpapan refinery operation after revamp