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Rare Earth Stocks Rally Against Mkt; CHINA RAREEARTH Climbs 2.5%; JLMAG Leaps 7%+
Recommend 7 Positive 10 Negative 8 |
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Rare earth stocks rallied against the market trend this morning (7th). CHINA RAREEARTH (00769.HK) opened 8.75% higher and peaked at $0.44, but its momentum waned in early trading. It last traded at $0.41, up 2.5%, on a volume of 27.774 million shares, involving $11.7509 million. JLMAG (06680.HK) opened up 6.99% today and hit a peak of $15.98. It was last at $15.04, up 7.28%, on a volume of 21.2496 million shares, involving $322 million. China's Ministry of Commerce and General Administration of Customs announced export control measures on seven types of medium and heavy rare earth-related items, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium. AAStocks Financial News |
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