AGL 38.75 Decreased By ▼ -0.83 (-2.1%)
AIRLINK 129.50 Decreased By ▼ -1.72 (-1.31%)
BOP 7.15 Increased By ▲ 0.34 (4.99%)
CNERGY 4.63 Decreased By ▼ -0.08 (-1.7%)
DCL 8.42 Decreased By ▼ -0.02 (-0.24%)
DFML 40.91 Decreased By ▼ -0.56 (-1.35%)
DGKC 81.30 Decreased By ▼ -0.79 (-0.96%)
FCCL 32.75 Decreased By ▼ -0.35 (-1.06%)
FFBL 72.31 Decreased By ▼ -0.56 (-0.77%)
FFL 12.40 Increased By ▲ 0.14 (1.14%)
HUBC 109.30 Decreased By ▼ -1.44 (-1.3%)
HUMNL 14.03 Decreased By ▼ -0.48 (-3.31%)
KEL 5.08 Decreased By ▼ -0.11 (-2.12%)
KOSM 7.60 Decreased By ▼ -0.01 (-0.13%)
MLCF 38.35 Decreased By ▼ -0.55 (-1.41%)
NBP 69.10 Increased By ▲ 5.09 (7.95%)
OGDC 188.95 Decreased By ▼ -3.87 (-2.01%)
PAEL 25.48 Decreased By ▼ -0.20 (-0.78%)
PIBTL 7.44 Increased By ▲ 0.10 (1.36%)
PPL 150.00 Decreased By ▼ -4.07 (-2.64%)
PRL 25.38 Decreased By ▼ -0.45 (-1.74%)
PTC 17.25 Decreased By ▼ -0.56 (-3.14%)
SEARL 80.70 Decreased By ▼ -1.60 (-1.94%)
TELE 7.59 Decreased By ▼ -0.17 (-2.19%)
TOMCL 32.97 Decreased By ▼ -0.49 (-1.46%)
TPLP 8.33 Decreased By ▼ -0.16 (-1.88%)
TREET 16.91 Increased By ▲ 0.29 (1.74%)
TRG 57.50 Increased By ▲ 0.10 (0.17%)
UNITY 28.00 Increased By ▲ 0.49 (1.78%)
WTL 1.34 Decreased By ▼ -0.03 (-2.19%)
BR100 10,537 Increased By 32.2 (0.31%)
BR30 30,958 Decreased By -268.2 (-0.86%)
KSE100 98,362 Increased By 282.1 (0.29%)
KSE30 30,652 Increased By 93.2 (0.3%)

Chinese copper futures fell on Friday as global futures retreated from a historic high of $4,018 a tonne hit during London trade on Thursday.
Benchmark London three-month copper futures fell to $3,835 a tonne on Friday, after sliding steadily during New York and Asian trade from the contract's close in London at $3,950 a tonne.
Although some traders in China still saw copper's next target at $4,200 a tonne, they were content to take profits on Friday. The most active contract, January, ended at 36,390 yuan ($4,498) a tonne, down 1,070 yuan or nearly 3 percent.
Trading volume leapt to 115,282 lots, from 44,036 lots on Thursday.
Spot copper lost only 250 yuan, to 37,950-38,150 a tonne on Friday, restoring premiums to 500-700 yuan a tonne.
Premiums had shrunk on Thursday's futures-driven rally. Shanghai aluminium futures also fell as copper's drop pressured other global metals prices.
The most-active January contract ended at 17,150 yuan a tonne, down 170 yuan. Trading volume was strong at 17,764 lots, up from 9,808 lots on Thursday.

Copyright Reuters, 2005

Comments

Comments are closed.