BR100 No Change (0%)
BR30 Decreased By (-0.29%)
KSE100 Decreased By (-0.18%)
KSE30 Decreased By (-0.22%)
AGHA 6.33 Increased By ▲ 0.01 (0.16%)
BECO 4.22 Decreased By ▼ -0.05 (-1.17%)
BML 63.00 Increased By ▲ 0.55 (0.88%)
BOP 31.30 Increased By ▲ 0.07 (0.22%)
CNERGY 11.70 Increased By ▲ 0.11 (0.95%)
CSIL 5.84 Increased By ▲ 0.12 (2.1%)
FCCL 60.80 Decreased By ▼ -0.74 (-1.2%)
FFL 15.07 Increased By ▲ 0.05 (0.33%)
FNEL 1.23 No Change ▼ 0.00 (0%)
KEL 6.29 Increased By ▲ 0.03 (0.48%)
KOSM 5.62 Increased By ▲ 0.06 (1.08%)
LOTCHEM 24.85 Increased By ▲ 0.17 (0.69%)
MLCF 103.35 Decreased By ▼ -0.73 (-0.7%)
NBP 175.30 Increased By ▲ 0.02 (0.01%)
NCPL 53.15 Increased By ▲ 0.38 (0.72%)
NPL 54.26 Increased By ▲ 0.14 (0.26%)
OGDC 312.00 Decreased By ▼ -1.39 (-0.44%)
PACE 9.30 Increased By ▲ 0.10 (1.09%)
PAEL 35.50 Decreased By ▼ -0.30 (-0.84%)
PIBTL 13.36 Decreased By ▼ -0.11 (-0.82%)
PPL 220.55 Decreased By ▼ -1.26 (-0.57%)
PRL 80.40 Increased By ▲ 1.32 (1.67%)
PTC 47.50 Increased By ▲ 0.65 (1.39%)
SSGC 23.92 Increased By ▲ 0.05 (0.21%)
TBL 9.40 Increased By ▲ 0.09 (0.97%)
TELE 7.40 Increased By ▲ 0.01 (0.14%)
TPL 24.50 Decreased By ▼ -0.61 (-2.43%)
TPLP 12.64 Increased By ▲ 0.13 (1.04%)
TREET 26.18 Decreased By ▼ -0.07 (-0.27%)
TRG 53.25 Decreased By ▼ -0.19 (-0.36%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices IMF-World Bank meetings Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Markets

LME copper may test resistance at $5,754 this week

  • The metal is unlikely to overcome it and rise more. Most likely, a decent correction would start around $5,754.
Published Updated
Save
1 min
Comments
By Reuters

SINGAPORE: LME copper may test a resistance at $5,754 per tonne this week, a break above which could open the way towards $6,080.

However, the 61.8pc retracement is generally a very strong barrier.

The metal is unlikely to overcome it and rise more. Most likely, a decent correction would start around $5,754.

Support is at $5,490, a break below which may cause a fall to $5,226.

Copper report is published weekly on Monday.

Copper

Comments

Comments are closed for this article.

More Stories

Browse all stories