Tuesday, February 23, 2010

Rio Tinto (LON:RIO) and Raw Materials in Big Gains

Raw Materials Producers

Those companies producing raw materials experienced strong gains as companies like Rio Tinto (LON:RIO) and BHP (ASX:BHP) enjoyed stong surges in price.

This was also reflected beyond commodity companies and raw material producers, as the London Metal Exchange Index increased by almost 2 percent, and crude oil for March delivery increased by 0.4 percent.

A number of oil exploration companies moved in synch with the index movements and other raw material upward price movements as well.

Raw Materials Producers

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