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Home › Freeport-McMoRan: Should You Expect A Sustainable Rally?

 

Freeport-McMoRan: Should You Expect A Sustainable Rally?

2016-03-04 12:00:52| Real Estate - Topix.net

FCX shares have shot up over 100% in the past month as copper prices have hit three-month highs on the back of positive trader sentiment and Chinese stimulus measures. The slashing of the reserve requirement by the Chinese central bank will encourage an increase in lending and boost infrastructure projects, thereby driving copper demand higher.

Tags: expect sustainable rally freeportmcmoran

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