Trends - LME copper - Business Recorder

LME copper

Copper rebounds on revived hope for large fiscal stimulus in China

LONDON: Copper prices bounced on Tuesday after a Reuters report gave investors renewed hope that top metals consumer...

Published 29 Oct, 2024 04:35pm

Markets

Base metals fall on caution and disappointing China stimulus

Prices of base metals largely fell on Monday, as caution prevailed amid conflicting signals on demand and ahead of a...

Published 28 Oct, 2024 11:26am

Markets

Copper set for weekly decline on China stimulus disappointment

Copper prices rose slightly on Friday, but remained on track to end the week lower after stimulus measures from top...

Published 25 Oct, 2024 11:45am

Markets

China rate cuts fuel copper’s climb to one-week peak

LONDON: Copper prices climbed to one-week highs on Monday as interest rate cuts in China raised hopes of stronger...

Published 21 Oct, 2024 05:41pm

Markets

Copper rises as China rolls out support for stock market

LONDON: Copper prices rose on Friday, supported by new measures to boost liquidity in the Chinese stock market and...

Published 18 Oct, 2024 05:29pm

Markets

Copper at three-week low as funds switch to gold

LONDON: Copper prices fell on Thursday to their lowest in more than three weeks as funds exited industrial metals...

Published 17 Oct, 2024 04:41pm

Markets

Copper bounces from key technical level on China hopes

LONDON: Copper prices rebounded on Wednesday after the market stabilised at a key support level amid hopes that...

Published 16 Oct, 2024 06:10pm

Markets

Copper hits three-week low on confusion over China stimulus

LONDON: Copper prices sank to a three-week low on Tuesday, pressured by confusion about the scale of stimulus...

Published 15 Oct, 2024 04:48pm

Markets

Copper prices hit by scant details on China stimulus

LONDON: Copper prices dropped on Monday due to a lack of detail on China’s stimulus plans, deflationary pressures in...

Published 14 Oct, 2024 06:35pm

Markets

Copper extends losses on firm dollar and China worries

LONDON: Copper prices dipped on Thursday, weighed down by a strong dollar and uncertainty over how much more...

Published 10 Oct, 2024 04:52pm

Markets

Copper hits two-week low as Chinese stimulus disappoints

LONDON: Copper prices fell on Tuesday to their lowest in two weeks, after top metal consumer China failed to...

Published 08 Oct, 2024 04:52pm

Markets

Copper posts weekly loss despite stimulus-driven rally

LONDON: Copper prices were on track for weekly losses on Friday as momentum slowed after stimulus measures from top...

Published 04 Oct, 2024 04:40pm

Markets

Copper pulls back on geopolitics, firm dollar, China doubts

LONDON: Copper prices retreated on Thursday, hit by tense geopolitics, a strong dollar and uncertainty about how...

Published 03 Oct, 2024 05:45pm

Markets

Copper makes gains on hopes for more China stimulus

LONDON: Copper prices drifted higher on Wednesday, still basking in the glow of stimulus measures unleashed by top...

Published 03 Oct, 2024 06:31am

Markets

Copper creeps higher on hopes for more China stimulus

LONDON: Copper prices drifted higher on Wednesday, still basking in the glow of stimulus measures unleashed by top...

Published 02 Oct, 2024 05:13pm

Markets

Copper and aluminium rebound in thin Chinese holiday trade

LONDON: Prices of copper and aluminium rose on Tuesday as economic stimulus measures by top metals consumer China...

Published 01 Oct, 2024 04:39pm

Markets

China stimulus sets copper on track for biggest monthly gain since April

LONDON: Copper prices in London were on track for their biggest monthly gain since April on Monday as a series of...

Published 30 Sep, 2024 05:05pm

Markets

Copper strides to 11-week peak after China unveils fiscal stimulus

LONDON: Copper prices rose to their strongest in 11 weeks on Thursday, propelled by hopes of firmer metals demand...

Published 26 Sep, 2024 04:59pm

Markets

Copper retreats after touching 10-week high

LONDON: Copper prices pulled back from 10-week highs on Wednesday on a stronger dollar and some profit-taking which...

Published 25 Sep, 2024 04:48pm

Markets

Copper edges up on softer US dollar ahead of expected Fed rate cut

Copper prices in London edged up on Tuesday, driven by a softer U.S. dollar and expectations of an interest rate...

Published 17 Sep, 2024 10:32am

Markets

Copper hits two-week high on weak dollar and China stimulus hopes

LONDON: Copper prices hit a two-week high on Friday and were on track for the strongest week in a month on a weaker...

Published 13 Sep, 2024 05:10pm

Markets

Copper jumps nearly 2% on signs of firmer Chinese demand

LONDON: Copper prices jumped to their highest in nearly two weeks on Thursday on signs of firmer demand in top...

Published 12 Sep, 2024 05:05pm

Markets

Copper rises to over 1-week high on demand rebound in China

Copper prices hit their highest in more than a week on Thursday as the Chinese ramped up purchases ahead of a long...

Published 12 Sep, 2024 01:07pm

Markets

Copper prices buoyed by US rate cut expectation, softer dollar

LONDON: Copper prices firmed on Wednesday as investors factored in expectations of the first interest rate cut from...

Published 11 Sep, 2024 06:27pm

Markets

China Aug copper imports fall to 16-month low

BEIJING: China’s imports of unwrought copper slid in August to a 16-month low, customs data showed on Tuesday, as...

Published 10 Sep, 2024 10:43am

Markets

LME copper slips as weak China imports data fans demand worries

London copper prices fell on Tuesday as weak imports data from top consumer China reinforced concerns about demand...

Published 10 Sep, 2024 10:34am

Markets

Copper bounces as market looks ahead to US inflation data

LONDON: Copper prices bounced on Monday as hopes for stimulus in top consumer China and sliding stocks in Shanghai...

Published 09 Sep, 2024 04:32pm

Markets

Copper heads for second weekly fall on global growth concerns

LONDON: Copper prices were on track for a second consecutive weekly fall on Friday as concerns about global economic...

Published 06 Sep, 2024 04:58pm

Markets

Copper firms on China’s new power initiatives in Africa

Copper prices firmed up on Thursday after China announced major investments in building power networks in Africa,...

Published 05 Sep, 2024 04:57pm

Markets

LME official prices

LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM...

Published 05 Sep, 2024 06:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.33
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.30
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 29	5,823.92
Nasdaq / Oct 29	18,712.75
Dow Jones / Oct 29	42,233.05
India Sensex / Oct 30	80,261.31
Tokyo Nikkei / Oct 30	39,277.39
Hang Seng / Oct 30	20,369.49
FTSE 100 / Oct 30	8,198.17
Germany DAX 30 / Oct 30	19,360.95

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 29	18,085
Gold 10 Grams PKR / Oct 29	244,342
Crude Oil USD/Barrel / Oct 30	67.79
Gold Spot USD/Ounce / Oct 30	2,787.26
Cotton US¢/pound / Oct 30	70.63
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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