Nickel Industries (ASX: NIC) Sees 3% Gain Amid Stabilising Nickel Prices

Tue 08 Apr 25, 04:40 AM | Team Kalkine

Image source: Shutterstock

Highlights

Nickel Industries (ASX: NIC) rises 3% after previous day's losses

Nickel pig iron producer recovers after concerns over recession fears

YTD performance still down by 38.2% despite today's gain

Shares of Nickel Industries (ASX: NIC) climbed by as much as 3% today. The stock recovered from a 2% drop in the previous trading session, which had been driven by weakening nickel prices and investor concerns over recession fears. Despite the market's volatility, the price of nickel showed signs of stabilising during today's session, helping to lift investor sentiment.

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