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Copper prices surged to a record high above $13,000 a ton, driven by supply concerns stemming from a strike at a Chilean mine and dwindling warehouse stocks. Forecasts predict significant deficits in refined copper supply through 2027, further fueling the price rally. Other base metals also saw gains amid potential shortages.
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Tata Motors Passenger Vehicles experienced a notable decline in share prices as Jaguar Land Rover reported a steep drop in sales for Q3 FY26. The aftermath of a cyber attack last year affected both production and distribution channels. Additionally, the decision to phase out older Jaguar models played a role in the downturn.
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News and Media
Asian equities advanced Tuesday, extending a global record run as investors overlooked geopolitical tensions. Gold and silver pared gains after the US captured Venezuela's President, while Treasuries steadied. Analysts remain bullish on risk assets, anticipating stronger earnings growth and a revival of M&A.
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News and Media
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