1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

Scotiabank Commodity Index set to end 2016 on high note

By:  
Creamer Media Deputy Editor: North America
 
COMMODITY INDEX
The Bank of Nova Scotia expects its benchmark Scotiabank Commodity Price Index to finish the year up 25%, with all sub-indices showing positive performance, the third largest Canadian banking group said Tuesday. The oil and gas index rose 55% in the year-to-November after both oil and natural gas reached cycle-lows in the first quarter of the year, while the metals and minerals index rallied convincingly, up 27% on coal and zinc strength.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register