Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

JPMorgan, Nomura Recommend Buying European Mining Stocks

Don't Miss Out —
Follow us on:

May 28 (Bloomberg) -- European mining stocks were raised to “overweight” by JPMorgan Chase & Co. strategists including Mislav Matejka, who wrote in a report that the basic-resources industry is the only one geared to economic growth to have underperformed the market this year.

Separately, analysts at Nomura Holdings Inc. also wrote that metals and mining shares in Europe have fallen too far “while fundamentals remain strong.” Stocks are reflecting possible further declines in metals, Nomura wrote, that may not materialize as China may lower borrowing costs in the second half of this year.

Link to Company News:{BHP AU <Equity> CN <GO>} Link to Company News:{LMI LN <Equity> CN <GO>} Link to Company News:{MT NA <Equity> CN <GO>} Link to Company News:{RIO LN <Equity> CN <GO>} Link to Company News:{SZG GR <Equity> CN <GO>} Link to Company News:{XTA LN <Equity> CN <GO>}

To contact the editor responsible for this story: Alexis Xydias at axydias@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.