VanEck S&P Global Mining UCITS ETF is trading up 5.8% at $63.32 following a broad recovery in global mining and materials stocks.
- The move extends a sharp rebound from a steep drop on June 5, supported by improving risk sentiment and stronger equity markets heading into the weekend.
- Gains are primarily driven by the underlying global mining index and sector components as geopolitical fears ease.
- No fund-specific news was reported, with the ETF tracking broader market trends and its core index constituents.