AIRLINK 131.27 Decreased By ▼ -11.14 (-7.82%)
BOP 9.77 Decreased By ▼ -0.36 (-3.55%)
CNERGY 6.63 Decreased By ▼ -0.48 (-6.75%)
CPHL 76.09 Decreased By ▼ -5.46 (-6.7%)
FCCL 40.55 Decreased By ▼ -4.16 (-9.3%)
FFL 13.83 Decreased By ▼ -1.27 (-8.41%)
FLYNG 49.06 Decreased By ▼ -4.27 (-8.01%)
HUBC 131.99 Decreased By ▼ -4.06 (-2.98%)
HUMNL 10.85 Decreased By ▼ -0.27 (-2.43%)
KEL 4.89 Decreased By ▼ -0.24 (-4.68%)
KOSM 5.00 Decreased By ▼ -0.54 (-9.75%)
MLCF 76.33 Decreased By ▼ -5.02 (-6.17%)
OGDC 203.86 Decreased By ▼ -8.39 (-3.95%)
PACE 5.32 Decreased By ▼ -0.21 (-3.8%)
PAEL 34.99 Decreased By ▼ -3.88 (-9.98%)
PIAHCLA 19.96 Decreased By ▼ -2.10 (-9.52%)
PIBTL 7.63 Decreased By ▼ -0.40 (-4.98%)
POWER 12.68 Decreased By ▼ -0.89 (-6.56%)
PPL 153.33 Decreased By ▼ -10.30 (-6.29%)
PRL 29.99 Decreased By ▼ -2.22 (-6.89%)
PTC 21.56 Decreased By ▼ -1.87 (-7.98%)
SEARL 77.93 Decreased By ▼ -6.65 (-7.86%)
SSGC 38.80 Decreased By ▼ -4.20 (-9.77%)
SYM 12.95 Decreased By ▼ -1.25 (-8.8%)
TELE 6.97 Decreased By ▼ -0.38 (-5.17%)
TPLP 8.80 Decreased By ▼ -0.47 (-5.07%)
TRG 51.09 Decreased By ▼ -5.59 (-9.86%)
WAVESAPP 8.41 Decreased By ▼ -0.65 (-7.17%)
WTL 1.35 Decreased By ▼ -0.10 (-6.9%)
YOUW 4.22 Decreased By ▼ -0.52 (-10.97%)
BR100 11,774 Decreased By -1159 (-8.96%)
BR30 34,974 Decreased By -2109.6 (-5.69%)
KSE100 116,167 Decreased By -3855.8 (-3.21%)
KSE30 35,407 Decreased By -1125.9 (-3.08%)
Markets

Japan futures edge higher on Shanghai gains, strong US economic data

  • The Osaka Exchange rubber contract for September delivery was up 0.6 yen, or 0.2%, at 251.3 yen ($2.3) per kg.
  • The rubber contract on the Shanghai futures exchange for September delivery was up 125 yuan, or 0.9%, at 14,365 yuan ($2,191) per tonne on Tuesday. China's commodity futures markets were closed on Monday for the Qingming festival.
Published April 6, 2021

TOKYO: Japanese rubber futures edged higher on Tuesday as investor sentiment was buoyed by gains in Shanghai futures, a streak of strong US economic data and a recovery in oil markets.

The Osaka Exchange rubber contract for September delivery was up 0.6 yen, or 0.2%, at 251.3 yen ($2.3) per kg as of 0135 GMT.

The rubber contract on the Shanghai futures exchange for September delivery was up 125 yuan, or 0.9%, at 14,365 yuan ($2,191) per tonne on Tuesday. China's commodity futures markets were closed on Monday for the Qingming festival.

A survey from the Institute for Supply Management on Monday showed activity in the US services industry reached its highest level on record in March. The data came after a jobs report on Friday beat forecasts with 916,000 added to the US economy last month.

Oil prices rose on Tuesday as a drop in the US dollar made crude a more attractive buy, paring losses of more than 4% incurred overnight on the prospect of producers returning more than 2 million barrels per day of supply to the market by July.

The front-month rubber contract on Singapore's SICOM exchange for May delivery last traded at 167.0 US cents per kg, up 1.1%.

Comments

Comments are closed.