S32 led the miners higher on Monday, finishing the session up +6.2%, the most in 7-months, as turnover soared to 10x the 20-day average. South32 (S32) enjoyed China’s move to scrap its aluminium export tax rebate, not all news from China is weighing on the resources!
- S32 has held form while other resource names have struggled lately – MM is long S32 in our Active Growth Portfolio.
MM is long and bullish S32
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