BUZZ-Australia's mining stocks jump as Trump agrees to two-week ceasefire
Ares Capital Corp 5 7/8 % Notes 2012-1.10.22 Sr ARU | 0.00 | |
Rio Tinto plc Sponsored ADR RIO | 0.00 | |
NuScale Power SMR | 0.00 | |
BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs BHP | 0.00 |
** Australia's mining stocks .AXMM rise as much as 5.3% to their highest level since March 6
** Oil slides below $100 per barrel after U.S. President Donald Trump agreed to a two-week ceasefire with Iran O/R
** Worries that the Iran conflict and surging oil prices would raise fuel costs, had led to sharp sectoral losses in March MET/L
** Mining giants BHP BHP.AX, Rio Tinto RIO.AX and Fortescue FMG.AX gain between 3.1% and 4.3%
** BHP, RIO and FMG shed 13.7%, 3.5% and 3.9%, respectively, in March
** Sub-index up 12.7% this year, including day's move