- Base metals prices on LME remained positive as of the last closing. The highest gain was seen in aluminium – 2.5%. Meanwhile, stocks witnessed outflows barring copper.
- IMF forecasts China’s 2024 growth at 5%, citing strong first quarter, but warns of property crisis risks.
- Novelis, owned by Hindalco Industries, targets a $12.6 billion valuation in its U.S. IPO, aiming to raise $945 million.
