By Michael Msika, Bloomberg markets live reporter and strategist
Soaring metals prices and China’s pro-growth pivot are prompting investors to rethink the negativity around mining stocks.
A ratio of Europe’s basic resources index against the broader market has fallen over 40% since a peak in 2022 and is now at the bottom of an eight-year range. That historic weakness presents an opportunity for investors looking to get exposure to a better outlook in China and the prospect of greater metals demand.
