Trends - Copper market - Business Recorder

Copper market

Copper rally pauses, downside risks start to build

LONDON: Copper prices fell in London on Friday, stepping away from a 14-month high hit in the previous session as...

Published 05 Apr, 2024 05:32pm

Markets

Copper hits 14-month high

LONDON: Copper prices hit their highest in more than 14 months on Thursday, helped by fund buying after the US...

Published 05 Apr, 2024 04:50am

Markets

Copper pulls back from five-week high as inventories rise

LONDON: Copper prices touched their highest level in over five weeks on Friday, but came off the peak as data showed...

Published 16 Jun, 2023 04:56pm

Markets

Copper down slightly as weak Chinese data supports stimulus hopes

LONDON: Copper prices were down slightly in London on Thursday as a stronger dollar and poor economic data from...

Published 15 Jun, 2023 05:07pm

Markets

Lower dollar and China stimulus hopes support copper

LONDON: Copper prices rose on Wednesday as a lower dollar and expectations of further stimulus to boost economic...

Published 14 Jun, 2023 05:18pm

Markets

Base metals rise as China’s rate cut raises stimulus hopes

LONDON: Prices for copper and other base metals rose in London on Tuesday after the central bank of top metals...

Published 13 Jun, 2023 06:03pm

Markets

Copper under pressure ahead of China data, Fed decision

LONDON: Copper prices fell on Monday as the market fretted about demand in China and awaited economic data from the...

Published 12 Jun, 2023 04:55pm

Markets

Copper heads for second weekly gain as stocks improve sentiment

LONDON: Copper prices rose on Friday, heading for a second weekly gain, on hopes of improved demand from top ...

Published 12 Jun, 2023 06:26am

Markets

Copper heads for second weekly gain as China, lower stocks improve sentiment

LONDON: Copper prices rose on Friday, heading for a second weekly gain, on hopes of improved demand from top...

Published 09 Jun, 2023 05:19pm

Markets

Copper driven towards first weekly gain since April

LONDON: Copper was heading for its first weekly gain in seven weeks on Friday after a surprise rise in Chinese...

Published 02 Jun, 2023 04:52pm

Markets

Subdued demand pushes copper to multi-month low

LONDON: Copper extended this week’s decline on Wednesday, touching an almost six-month low on signs of subdued...

Published 24 May, 2023 05:31pm

Markets

Copper hits near six-month low as speculators bet on lower prices

LONDON: Copper prices touched a near six-month low on Tuesday as speculators boosted bearish positions amid worries...

Published 23 May, 2023 05:04pm

Markets

Copper pressured by poor demand prospects and higher supply

LONDON: Copper prices fell on Monday as the market focused on a deteriorating demand picture in top consumer China,...

Published 22 May, 2023 05:15pm

Markets

Copper rebounds on optimism over US debt talks

LONDON: Copper prices rebounded on Friday on hopes that US politicians will seal a deal to avert a federal debt...

Published 22 May, 2023 06:23am

Markets

Copper regains some ground after banking fears sparked sell-off

LONDON: Copper prices rose on Thursday from a 10-week low the day before as central bank support for embattled bank...

Published 16 Mar, 2023 05:28pm

Markets

Copper prices fall on stronger dollar and banking woes

LONDON: Copper prices fell in London on Wednesday as a stronger dollar dented buying appetite from holders of other...

Published 16 Mar, 2023 06:01am

Markets

Copper climbs on soft dollar ahead of U.S. inflation data

LONDON: Prices of copper and other base metals were buoyed by a weaker dollar on Tuesday ahead of U.S. inflation...

Published 13 Sep, 2022 05:17pm

Markets

Weaker dollar lifts copper as market awaits China data

LONDON: Copper prices rose on Monday, supported by a weaker dollar while the market awaited data from top consumer...

Published 12 Sep, 2022 05:23pm

Markets

Copper set for best week in 6 on weaker dollar, China demand optimism

LONDON: Prices of copper and other industrial metals extended gains on Friday, boosted by a weaker dollar, optimism...

Published 09 Sep, 2022 04:35pm

Markets

Aluminium, copper prices climb on worries about supply

LONDON: Aluminium and copper prices marched higher on Thursday on worries that stoppages due to high energy prices...

Published 08 Sep, 2022 05:22pm

Markets

Copper dips as weak Chinese demand dominates

LONDON: Copper prices slipped on Monday as worries about demand in top consumer China dominated sentiment, though...

Published 05 Sep, 2022 04:22pm

Markets

Copper touches 1-month low on China lockdowns, recession fears

LONDON: Copper prices ticked down to their lowest in more than a month on Friday as top metals consumer China...

Published 02 Sep, 2022 05:31pm

Markets

Poor China demand prospects pressure copper

LONDON: Copper prices came under pressure on Tuesday as worries about demand in top consumer China were reinforced...

Published 31 Aug, 2022 05:17pm

Markets

Copper slides after Fed’s growth warning triggers sell-off

LONDON: Copper prices fell to their lowest in more than two weeks on Monday after U.S. central bank chief Jerome...

Published 30 Aug, 2022 05:25pm

Markets

Copper hits near 2-month high on sliding stocks, energy crisis

LONDON: Copper prices touched their highest in nearly two months on Friday and aluminium also climbed on worries...

Published 26 Aug, 2022 05:33pm

Markets

Copper claws higher on Chinese infrastructure hopes

LONDON: Copper prices gained on Thursday on a weaker dollar and after a new injection of stimulus in China that...

Published 25 Aug, 2022 04:46pm

Markets

Supply concerns support copper despite bleak economic outlook

LONDON: Copper prices rose on Tuesday, helped by low inventories, signs of improving demand in China and fears that...

Published 23 Aug, 2022 04:42pm

Markets

Copper heading for weekly fall on bleak global growth outlook

LONDON: Copper prices rose on Friday but were set to end the week slightly lower as traders balanced hopes for solid...

Published 19 Aug, 2022 04:49pm

Markets

Copper rises on hopes for improved Chinese demand

LONDON: Copper prices rose on Thursday for the first time in a week as hopes for solid demand in China offset fears...

Published 18 Aug, 2022 05:37pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Copper market

Most Popular