With international gold and copper prices rising, nonferrous metal stocks, led by Sumitomo Metal Mining, have risen for a third straight day on early buying. JX Metals, Mitsubishi Materials and DOWA Holdings have also remained firm.
Nonferrous metal stocks have generally been trading higher against a backdrop of rising metal prices. Market participants are reportedly continuing to buy, with buying prevailing from the outset of trading.
Specifically, Sumitomo Metal Mining has risen for a third consecutive day, while JX Metals, Mitsubishi Materials and DOWA Holdings have also gained.