Positive vibes

RESOURCE stocks were well and truly in the green today after a positive day’s trading for the majors as well as juniors, with stronger base metal prices providing much of the impetus upwards.

For the most part, the market followed BHP Billiton and Rio Tinto’s lead upwards at 1.37% and 1.5%, respectively, with analysts pegging their rises to firmer base metal prices, especially copper.