Market reacted negatively to increased valuations in the tech sector - Nov 21, 2025

Prysmian Daily News Update · Nov 21, 2025 · 2m

As of November 21, today’s news sees market fluctuations influenced by both tech stocks and concerns over metals supply. Prysmian experienced a decline, with shares dropping 4.6% as the broader European market reacted negatively to increased valuations in the tech sector and uncertain U.S. monetary policy. In the commodities sector, European manufacturers warned of potential copper shortages due to a surge in scrap exports, particularly to China. Companies highlighted that unless the European Union restricts the export of copper scrap, they may face critical shortages in refined copper…