The acquisition of the copper mine at a time when metal prices are rising will benefit the company. |
The companies' sentiment on the global market outlook appears to have suddenly turned pessimistic. A long recovery trend in their share prices continuing since 2002 could now have been snapped. |
The shares are likely to stay at a record because of high copper prices. |
The size of the outlook revision, unseen in recent years, was a big surprise. Profit margins are dropping. |