Key Facts
Copper-tracking CPER settled at US$38.35, a fractional gain of 0.05% on the day, reflecting steady futures-market expectations.
Southern Copper shares dropped 1.95% to US$175.47, even as the company posted robust Q2 2026 net sales of US$4,289.0 million.
Freeport-McMoRan fell 2.68% to US$59.99, the steepest decline among the proxies, underlining investor caution towards pure-play producers.
Southern Copper’s Q2 net income hit US$1,670.0 million, translating to earnings per share of US$2.01, a result management linked to higher metals prices and margins.
