Investors are beginning to recognize the potential in European mining shares as China's gradual economic stimulus paves the way for a recovery in this overlooked sector The STOXX Europe 600 mining index has experienced a decline of 15% this year, making it the worst-performing sector in the region In comparison, the real estate sector has seen a 4 5% drop, while the retail index has shown a remarkable 27% increase
The metals and mining sector is often seen as a means for European equity investors to gain exposure to China, given its status as the world's largest consumer of commodities Consequently, as China's growth expectations have declined, so too has the sector
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Source and Credit: reuters.com
