Trends - Benchmark copper - Business Recorder

Benchmark copper

Rising inventories and dollar strength weigh on copper

LONDON: Copper prices slipped on Monday as rising inventories and a stronger dollar spurred selling, but China’s...

Published 14 Dec, 2021 06:40am

Markets

Copper firms as low inventories outweigh Omicron fears

LONDON: Copper prices climbed on Monday as fears about further damage to growth and demand from the Omicron...

Published 30 Nov, 2021 06:48am

Markets

Copper prices fall as Powell's nomination boosts dollar

Copper prices eased under pressure from a stronger dollar on Tuesday after US Federal Reserve Chair Jerome Powell ...

Published 23 Nov, 2021 06:58pm

Markets

Copper boosted by declining dollar

LONDON: Copper prices climbed on Friday as the dollar was dragged down by a lacklustre reading of the US jobs ...

Published 04 Sep, 2021 06:04am

Markets

Copper slips on worries about Chinese demand after trade data

Three-month copper on the London Metal Exchange shed 0.9% to $9,864 a tonne in official trading after rising by 1.7% on Friday.
Hansen said if prices extended their retreat, they would likely head towards the 50-day moving average around $9,655.

Published 07 Jun, 2021 06:10pm

Markets

Copper prices resume climb towards $10,000/t

Benchmark three-month copper on the London Metal Exchange (LME) had risen 1.4% to $9,958.50 per tonne in official trades. On Thursday, prices hit $10,008 a tonne which was the highest since Feb. 2011.
"It's a tremendously positive story for copper at the moment and in the long term," said WisdomTree analyst Nitesh Shah, adding that the metal will likely pierce through the $10,000 mark again.

Published 04 May, 2021 07:46pm

Markets

Copper climbs towards record as market frets about supply

LONDON: Copper prices climbed on Tuesday towards the record above $10,000 a tonne seen a decade ago as worries about...

Published 28 Apr, 2021 03:18am

Markets

Dollar, inventories weigh on copper prices

LONDON: Copper prices fell on Tuesday as a firmer dollar and higher inventories triggered a bout of selling while ...

Published 31 Mar, 2021 05:42am

Markets

Suez blockage boosts copper prices

LONDON: Copper prices rose on Friday as the market worried about the cost repercussions for transporting industrial...

Published 27 Mar, 2021 05:41am

Markets

Copper gains in thin volumes on buoyant Chinese data

Copper hits highest since March 3.
Investors cautious ahead of central bank meetings.

Published 15 Mar, 2021 05:28pm

Markets

Copper hovers near eight-year high as Chinese holiday starts

The more the price moves up in the very short term the bigger the fall will be in the second half of this year.
Copper inventories in warehouses registered with the LME and Comex exchange are falling.

Updated 11 Feb, 2021 09:28pm

Markets

Copper hits eight-year peak as bullish factors dominate

Benchmark copper on the London Metal Exchange (LME) traded 1.6% up at $8,274 a tonne in official rings.
The idea that US stimulus is going to lead to higher inflation has taken hold this week.

Published 10 Feb, 2021 08:27pm

Markets

Top LME performer copper dips on hazy new year outlook

LME copper set to end year with a 25% gain.
Copper vulnerable to correction after speculative buying.
Aluminium the top performer on Shanghai exchange.

Published 31 Dec, 2020 06:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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