Trends - copper market - Business Recorder

copper market

Copper at one-month high on stimulus hopes, soft dollar

Three-month copper on the London Metal Exchange (LME) added 1.1% to trade at $8,132 per tonne in official trading.
Its a macro-driven story for copper at the moment. Market participants are euphoric and equities are at record highs, pushing commodities up.

Updated 09 Feb, 2021 10:02pm

Markets

Copper rebounds on short-covering and receding China concerns

Investors are expecting China to cool credit growth and scale back fiscal stimulus this year to help to stabilise debt.
The market has been trying to come to terms with that cash squeeze we saw in China last week.

Published 03 Feb, 2021 09:09pm

Markets

Copper under pressure from higher dollar, stocks support

Benchmark copper on the London Metal Exchange traded little changed at $7,873.5 a tonne in official rings.
China's attempts to curb COVID infections are likely to put a damper on next month's Lunar New Year holiday,

Published 29 Jan, 2021 07:29pm

Markets

Copper retreats, zinc near 2-month low on coronavirus surge

Data on Friday showed Britain's economy shrank in November for the first time since the initial COVID-19 lockdown last spring.
There's still considerable threats and challenges, all is not rosy with the virus and economic recovery.

Published 15 Jan, 2021 07:41pm

Markets

Copper prices jump to 2013 peak

LONDON: Copper prices hit their highest levels since 2013 on Thursday for a third straight day, driven by...

Updated 08 Jan, 2021 03:15am

Currency	Rate
USD PKR Interbank Selling / May 6	278.40
USD PKR Interbank Buying / May 6	278.20
USD to Japanese Yen / May 6	153.92
USD to Swiss Franc / May 6	0.91
Pound Sterling to USD / May 6	1.25
Euro to USD / May 6	1.08

Currency

Rate

USD PKR Interbank Selling / May 6

278.40

USD PKR Interbank Buying / May 6

278.20

USD to Japanese Yen / May 6

153.92

USD to Swiss Franc / May 6

0.91

Pound Sterling to USD / May 6

1.25

Euro to USD / May 6

1.08

Stock	Volume
S&P 500 / May 3	5127.79
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
India Sensex / May 6	74134.73
Hang Seng / May 6	18465.58
Germany DAX 30 / May 6	18032.07

Stock

Volume

S&P 500 / May 3

5127.79

Tokyo Nikkei / May 3

38236.07

Nasdaq / May 3

16156.33

FTSE 100 / May 3

8213.49

Dow Jones / May 3

38675.68

India Sensex / May 6

74134.73

Hang Seng / May 6

18465.58

Germany DAX 30 / May 6

18032.07

Item	Value
Petrol/Litre / May 6	288.49
Crude Oil USD/Barrel / May 6	78.37
Karachi Cotton PKR/37.32 KG / May 6	19935
Gold 10 Grams PKR / May 6	206190
Gold Spot USD/Ounce / May 6	2311.29
Diesel/Litre / May 6	281.96

Item

Value

Petrol/Litre / May 6

288.49

Crude Oil USD/Barrel / May 6

78.37

Karachi Cotton PKR/37.32 KG / May 6

19935

Gold 10 Grams PKR / May 6

206190

Gold Spot USD/Ounce / May 6

2311.29

Diesel/Litre / May 6

281.96

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock

Price

786 Invest Ltd / May 6

786 Investments Limited(786)

▼ 0.00 (0.00%)

AL-Abbas Sugar / May 6

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / May 6

Agro Allianz Limited(AAL)

▼ 0.00 (0.00%)

AL-Abid Silk / May 6

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / May 6

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / May 6

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / May 6

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / May 6

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / May 6

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock

Price

786 Invest Ltd / May 6

786 Investments Limited(786)

▲ 0.00 (0.00%)

AL-Abbas Sugar / May 6

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / May 6

Agro Allianz Limited(AAL)

▲ 0.00 (0.00%)

AL-Abid Silk / May 6

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / May 6

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / May 6

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / May 6

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / May 6

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / May 6

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Stock

Volume

P.I.A.C.(A) / May 6

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / May 6

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / May 6

Pakistan Petroleum Limited(PPL)