Rheinmetall Up, Fresnillo Rises, Syensqo Pick
On This episode of Stock Movers:
- European defense companies including Rheinmetall are rallying after US forces snatched Venezuelan President Nicolas Maduro on Saturday and launched a series of air strikes on the capital and nearby cities.
- Fresnillo and other precious metal miners are also higher as investors weigh elevated geopolitical risk.
- Morgan Stanley says that industrial chemicals remain “in a tough spot,” but looks for reasons to be positive given the overall bearish backdrop, with Syensqo top sector pick.
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