Norilsk Nickel Jumps on Metal Price Outlook

Base Metals Investing

Bloomberg reported that Norilsk Nickel’s (MCX:GMKN) share price rose Wednesday amid speculation that prices for nickel will continue their rebound.

Bloomberg reported that Norilsk Nickel’s (MCX:GMKN) share price rose Wednesday amid speculation that prices for nickel will continue their rebound.

As quoted in the market news:

The American depositary receipts of the world’s largest nickel producer rose 2.9 percent to $20.67 in New York, the highest since July. It was the third-best performance on the Bloomberg Russia-US Equity Index, which added 0.2 percent.

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