Sentiment Trading

Aurubis AG’s shares plummeted over 7% after Salzgitter AG issued €500 million in convertible bonds tied to Aurubis equity, sparking concerns about dilution and potential strategic shifts away from the copper business.

Aurubis AG, a leading German copper smelting and refining company, has adjusted its financial outlook for the year due to increased costs and decreased profits, but remains committed to navigating economic challenges.

Aurubis AG’s stock prices surge nearly 8% after a bullish recommendation from Oddo BHF, driven by global market optimism and the company’s strong position in the copper market.