Miners Are Becoming Europe's Highlight With 18% Rebound: ChartBy
Miners in the Stoxx Europe 600 Index are up for a third straight week, defying losses in commodities and in the broader equity markets. Since their 12-year low in January, they’ve risen the most among industry groups, rebounding 18 percent. Now they trade at a peak versus the Bloomberg Commodity Spot Index and their valuation is at its highest level since 2009 relative to the Stoxx 600.
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