LME base metals prices move northward; stocks witness positive trends

Base metals prices on the LME rose as of the last closing day. Stocks witnessed inflows, with zinc leading gains at 9.38%. Base metal prices increased following China’s central bank’s reaffirmation of its monetary easing strategy. Asia’s factory activity grew in June due to strong global demand. South Korea’s manufacturing sector saw its fastest expansion in 26 months, driven by rising demand.


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