AGL 41.86 Increased By ▲ 3.32 (8.61%)
AIRLINK 129.70 Increased By ▲ 0.20 (0.15%)
BOP 6.10 Increased By ▲ 0.49 (8.73%)
CNERGY 4.07 Increased By ▲ 0.21 (5.44%)
DCL 8.64 Decreased By ▼ -0.09 (-1.03%)
DFML 41.00 Decreased By ▼ -0.76 (-1.82%)
DGKC 88.45 Increased By ▲ 0.15 (0.17%)
FCCL 35.00 No Change ▼ 0.00 (0%)
FFBL 66.45 Decreased By ▼ -0.90 (-1.34%)
FFL 10.70 Increased By ▲ 0.09 (0.85%)
HUBC 109.40 Increased By ▲ 0.64 (0.59%)
HUMNL 14.95 Increased By ▲ 0.29 (1.98%)
KEL 4.74 Decreased By ▼ -0.01 (-0.21%)
KOSM 7.35 Increased By ▲ 0.40 (5.76%)
MLCF 42.80 Increased By ▲ 1.15 (2.76%)
NBP 61.15 Increased By ▲ 1.55 (2.6%)
OGDC 181.00 Decreased By ▼ -2.00 (-1.09%)
PAEL 25.99 Decreased By ▼ -0.26 (-0.99%)
PIBTL 6.06 Increased By ▲ 0.09 (1.51%)
PPL 146.69 Decreased By ▼ -0.01 (-0.01%)
PRL 24.19 Increased By ▲ 0.58 (2.46%)
PTC 16.39 Decreased By ▼ -0.17 (-1.03%)
SEARL 70.93 Increased By ▲ 2.63 (3.85%)
TELE 7.18 Decreased By ▼ -0.05 (-0.69%)
TOMCL 36.53 Increased By ▲ 0.58 (1.61%)
TPLP 7.99 Increased By ▲ 0.14 (1.78%)
TREET 15.30 Increased By ▲ 1.10 (7.75%)
TRG 50.80 Increased By ▲ 0.35 (0.69%)
UNITY 27.35 Increased By ▲ 0.60 (2.24%)
WTL 1.26 Increased By ▲ 0.05 (4.13%)
BR100 9,869 Increased By 63.8 (0.65%)
BR30 29,876 Increased By 197.6 (0.67%)
KSE100 92,786 Increased By 481.5 (0.52%)
KSE30 28,936 Increased By 95.9 (0.33%)

Tokyo rubber futures fell more than 1 percent on Monday as weakness in other commodities dampened sentiment towards rubber, which also hurt the technical trend, prompting investors to take profits. Benchmark Tokyo Commodity Exchange rubber for April delivery was trading at 215.6 yen per kg, down 3.7 yen or 1.69 percent from Friday's close of 219.3 yen.
The April contract opened at 216.5 yen. Profit-taking pressure increased after rubber posted strong gains in recent sessions, while commodities prices were generally on the defensive on Monday, with key TOCOM gold down about 0.7 percent in trade. On charts, the key rubber contract is seen supported at its 7-day moving average around 215 yen. But a decisive drop below that could pave the way for it to fall towards 200.6 yen, which was a low reached on September 25.

Copyright Reuters, 2006

Comments

Comments are closed.