South32 Drops as ASX 200 Slides, Materials Volatility Hits S32
South32 shares fell 2.46% to A$4.37 Thursday, with about 15.7 million shares traded, making it one of the weakest performers in the Australian materials sector. The S&P/ASX 200 dropped 0.23% to 8,633.2 amid sector shifts and US-Iran tensions. South32’s June-quarter report is due July 20, with full-year results set for August 27. The stock remains up 45% over the past year.