The upward movement in Southern Copper Corporation stock was primarily driven by a sharp rebound in underlying copper futures. Global copper prices strengthened as renewed optimism around high-tech infrastructure and artificial intelligence data center expansion reinforced expectations for robust structural demand. Supply-side factors, including tight global exchange inventories and ongoing mining supply disruptions across South America, continued to support elevated metal prices, lifting sentiment across major copper equities.

Investor sentiment gained further traction as market participants continued to digest Southern Copper’s third-quarter financial performance. The company outperformed Wall Street consensus expectations, delivering…