ICOP is trading 4.8% down in pre-market action as investors lock in gains following a sharp rebound in copper and metals miners during the previous session.
- Broader risk-off sentiment is weighing on the sector, with US equity futures trading lower amid heightened geopolitical tensions in the Middle East.
- Macroeconomic uncertainty surrounding interest rates and resource-linked inflation continues to drive volatile and choppy trading across natural resources exposures.