Energy Shock Wipes $264 Billion Off the World's Top Mining Stocks ...Middle East

Economy by : (OILPRICE) -
The world's 50 most valuable mining companies lost $264 billion in market value in September as oil-driven inflation fears pushed bond yields to their highest since 2008 and the Federal Reserve into its first rate hike in three years, dragging gold and the stocks tied to it sharply lower. The group ended the month worth $2.26 trillion, according to MINING.COM's Top 50 ranking, the second-largest monthly decline since the ranking began at the end of 2019, behind only March's $434 billion drop. September erased roughly three-quarters of August's…

Hence then, the article about energy shock wipes 264 billion off the world s top mining stocks was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Energy Shock Wipes $264 Billion Off the World's Top Mining Stocks )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار