Articles Tagged "stocks"

Over-Valuation has hit Sterlite Industries

The market is witnessing a rally driven by sentiment, and the surge in prices of several large-cap stocks is not supported by an improvement in fundamentals. Sterlite Industries, which has seen the highest price rise among large-cap metal stocks, is one such scrip and the valuation looks stretched. For full story, click here

Nyrstar surged on Zinc prices, post G-20

Shares in Belgium’s Nyrstar, the world’s leading zinc producer, rally on rising zinc prices and as part of a larger post-G20 rally for cyclical stocks. Nyrstar rises as much as 8.4 percent, and trades up 7.5 percent at 3.6 euros as of 1001 GMT, though it remains more than 75 percent lower than its 52-week [...]

Lead and zinc fundamentals diverge

By Leia Michele Toovey- Exclusive to Zinc Investing News Lead and zinc prices both started 2009 strongly, but as the year has progressed lead’s better near term fundamentals have led it to continue as the more robust of the two metals. Zinc stocks on the London Metal Exchange have consistently risen; through the month of [...]

Zinc and lead tumble as base metals fall

By Heather Matthews – exclusive to Lead Investing News Base metals are continuing a downward spiral as the market reacts to the federal bailout plan and the general atmosphere of caution and unease. Base metal prices dropped on Wednesday, as September retail level reports (U.S.) were revealed, detailing reduced purchasing by consumers. After the report [...]

Stocks Tumble As Bailout Vote Stalls

Congress is divided over the proposed 700 million dollar bailout plan that is being promoted as a solution to the current stock market crisis. This morning’s vote was only supposed to take a few moments, but it has been plagued with arguments and dissent as both sides struggle to come to an agreement about the [...]

Stock market crash affects lead and zinc spot prices

By Heather Matthews – Exclusive to Zinc Investing News Current market climate Shockwaves are running through global commodities markets as America faces one of its worst stock market crash since the Great Depression. The American housing market crisis has left many firms unprotected and over-leveraged: the bankruptcy of global investment bank Lehman Brothers has created [...]