Advertisement
Singapore markets closed
  • Straits Times Index

    3,272.72
    +47.55 (+1.47%)
     
  • S&P 500

    5,042.86
    +32.26 (+0.64%)
     
  • Dow

    38,380.68
    +140.70 (+0.37%)
     
  • Nasdaq

    15,574.32
    +123.02 (+0.80%)
     
  • Bitcoin USD

    66,380.84
    +291.73 (+0.44%)
     
  • CMC Crypto 200

    1,423.52
    +8.77 (+0.62%)
     
  • FTSE 100

    8,036.47
    +12.60 (+0.16%)
     
  • Gold

    2,331.90
    -14.50 (-0.62%)
     
  • Crude Oil

    81.57
    -0.33 (-0.40%)
     
  • 10-Yr Bond

    4.6480
    +0.0250 (+0.54%)
     
  • Nikkei

    37,552.16
    +113.55 (+0.30%)
     
  • Hang Seng

    16,828.93
    +317.24 (+1.92%)
     
  • FTSE Bursa Malaysia

    1,561.64
    +2.05 (+0.13%)
     
  • Jakarta Composite Index

    7,110.81
    +36.99 (+0.52%)
     
  • PSE Index

    6,506.80
    +62.72 (+0.97%)
     

Miners Have Fewer Investment Options

Miners Have Fewer Investment Options

As we discussed previously, several mining companies including Vale and Glencore (GLEN-L) have announced share buybacks in 2018. China’s fixed-asset investment growth rates, which have driven the country’s metal appetite, have fallen to historical lows. The construction boom, which lifted China’s metal demand in the last few years, is also fading quickly.