10 Firms Buck Thursday’s Market Bloodbath

3. Gold Fields Ltd. (NYSE:GFI)

Gold Fields jumped by 8.58 percent on Thursday to touch a new all-time high of $23.73 before finishing slightly lower at $23.40 each, in line with the higher prices of gold.

Additionally, the rally was pushed by investors seeking safety from the precious metal amid the escalating global trade war.

Spot prices of gold ended 0.35 percent higher on Thursday at $3,187.30 per ounce after jumping to an all-time high of $3,188.45 at the intra-day session.

Headquartered in Johannesburg, South Africa, GFI is one of the largest gold mining companies globally.

In recent news, it was rejected by Australia’s Gold Road Resources for its proposed $2.1 billion takeover bid. In response, Gold Road put forward a counterproposal to acquire GFI’s stake in the Gruyere mine at the same implied valuation as the rejected offer.