Currently viewing Global edition

Financings hit 11-year high in March quarter

Surging commodity prices saw companies in the mining and metals sectors raise a total of US$6.61 billion in the March quarter – a fivefold jump year-on-year and the highest three-month figure seen since 2011, according to data from S&P Global Market Intelligence.

Financings hit 11-year high in March quarter Financings hit 11-year high in March quarter Financings hit 11-year high in March quarter Financings hit 11-year high in March quarter Financings hit 11-year high in March quarter

Investors homed in on base metals, which accounted for 40% of the figure, while gold financing also hit a nine-year high in the quarter of US$1.68 billion.

topics

loader