Trends - copper market - Business Recorder

copper market

Copper prices dented by profit-taking amid tariff and China uncertainty

LONDON: Copper prices retreated on Thursday as investors locked in profits from a recent rally, awaiting further...

Published 23 Jan, 2025 04:31pm

Markets

Copper jumps to 1-month peak after Trump shelves tariffs, for now

LONDON: Copper prices jumped to their highest in more than a month after Donald Trump was quoted as saying the...

Published 20 Jan, 2025 09:31pm

Markets

Copper steadies at one-month peak as China stimulus kicks in

LONDON: Benchmark copper prices extended gains on Tuesday, holding at their highest levels in a month, after data...

Published 14 Jan, 2025 05:01pm

Markets

Copper rallies to one-month peak on signs of improving demand

LONDON: Copper prices hit one-month peaks on Monday on optimism about global growth and demand, particularly in top...

Published 13 Jan, 2025 05:25pm

Markets

Copper touches near month high on China demand, Comex premium holds

LONDON: Benchmark copper prices touched the highest in nearly a month on Friday, propelled by firmer demand in top...

Published 10 Jan, 2025 04:50pm

Markets

Copper driven higher by technical factors

LONDON: Copper prices extended gains for a sixth session on Thursday as technical factors provided momentum and...

Published 09 Jan, 2025 04:45pm

Markets

Copper edges higher on fund buying, but tariff worries cap gains

LONDON: Copper prices made modest gains on Wednesday as some funds dipped into the market, but uncertainty about...

Published 08 Jan, 2025 04:38pm

Markets

Copper edges up with support from tariff bets, weaker dollar

LONDON: Copper prices rose in London on Tuesday, with some buying triggered by a weaker dollar and hopes that...

Published 07 Jan, 2025 06:07pm

Markets

Copper lifted by softer dollar but uncertainty clouds outlook

LONDON: Copper prices rose as the dollar eased on Monday, but gains were capped by uncertainty over the demand...

Published 06 Jan, 2025 04:48pm

Markets

Copper nudges higher on Chinese economic support pledge

LONDON: Copper prices held in positive territory on Friday after China pledged more support for its ailing economy,...

Published 03 Jan, 2025 04:40pm

Markets

Copper holds near five-month low as weak demand outlook dominates

LONDON: Copper prices hovered around five-month lows as expectations of a deteriorating demand outlook were...

Published 02 Jan, 2025 04:46pm

Markets

Copper eases but heads for second straight yearly rise

Copper prices eased on Tuesday but were on track for a second consecutive yearly gain, while the red metal’s outlook...

Published 31 Dec, 2024 04:49pm

Markets

London copper dips as market awaits China data

London copper prices inched lower on Monday in holiday-thinned trading, while market participants awaited economic...

Published 30 Dec, 2024 04:42pm

Markets

China to cut import tariffs on some recycled copper and aluminium raw materials

SHANGHAI: China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from...

Published 28 Dec, 2024 10:21am

Markets

Copper steady as tight supply counters strong dollar

Copper prices were little changed on Friday, with tightness in concentrate supply offsetting pressure from a firm...

Published 27 Dec, 2024 05:52pm

Markets

Copper set for weekly fall on strong dollar, concerns about demand prospects

LONDON: Copper prices remained close to a five-week low on Friday and were on track for a second consecutive weekly...

Published 20 Dec, 2024 05:34pm

Markets

Copper hits 5-week low on selling sparked by dollar jump

LONDON: Copper prices fell to five-week lows on Thursday as the dollar jumped to near two-year peaks after the U.S....

Published 19 Dec, 2024 04:59pm

Markets

Copper edges up after hitting two-week low

LONDON: Copper prices edged up in London on Wednesday after hitting their lowest in more than two weeks, but...

Published 18 Dec, 2024 04:51pm

Markets

Copper drops to 2-week low, surpluses on the horizon

LONDON: Copper prices dropped to two-week lows on Tuesday as worries about demand in top consumer China, partly...

Published 17 Dec, 2024 04:38pm

Markets

LME stocks data supports copper, but dollar dominates

LONDON: Copper prices came under pressure from a stronger dollar on Friday, but losses were limited due to London...

Published 13 Dec, 2024 06:02pm

Markets

Copper edges up on China stimulus hopes

NEW DELHI: London copper prices nudged higher on Thursday amid expectation of stimulus measures from top consumer...

Published 12 Dec, 2024 10:37am

Markets

Copper prices near one-month high on China policy optimism

NEW DELHI: London copper prices climbed to a nearly one-month high on Wednesday, as markets drew support from top...

Published 11 Dec, 2024 11:32am

Markets

Copper prices slip under pressure from China trade data, stronger dollar

LONDON: Copper prices in London eased on Tuesday, reversing part of Monday’s 1.2% climb, under pressure from a...

Published 10 Dec, 2024 04:32pm

Markets

Copper jumps to approach one-month high on China hopes

LONDON: Copper prices jumped on Monday to the highest in nearly a month after top metals consumer China said it...

Published 09 Dec, 2024 04:57pm

Markets

Copper hits three-week high on supply concerns, falling inventories

LONDON: Copper prices touched a three-week high on Friday, boosted by declines in Chinese inventories and concerns...

Published 06 Dec, 2024 04:31pm

Markets

Copper ticks lower on weak risk appetite, uncertainty on China

LONDON: Copper prices edged lower on Thursday, weighed down by lacklustre risk appetite amid uncertainty about...

Published 05 Dec, 2024 05:17pm

Markets

Copper prices slide under pressure from stronger dollar

LONDON: Copper prices in London fell under pressure from a stronger dollar and technical factors on Wednesday while...

Published 04 Dec, 2024 04:39pm

Markets

Copper rebounds as dollar dips

LONDON: Copper prices in London rose on Tuesday as the U.S. dollar weakened after rallying on Monday, although...

Published 03 Dec, 2024 04:50pm

Markets

Higher dollar sparks copper’s sell-off to 2-1/2-week low

LONDON: Copper prices slipped to 2-1/2-week lows on Monday as a stronger U.S. dollar triggered a sell-off despite...

Published 02 Dec, 2024 04:39pm

Markets

Copper edges up on China optimism but remains set for monthly decline

LONDON: Copper prices were steady on Friday, supported by emerging signals of firmer demand in top metals consumer...

Published 29 Nov, 2024 04:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Cotton US¢/pound / Jan 23	67.06
Petrol/Litre / Jan 24	256.13

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

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