Topic

copper mine

Reko Diq mine stake: Saudi Manara Minerals’ team in Pakistan

Published 07 May, 2024 06:05am

ISLAMABAD: Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about...

Pakistan drawing Saudi interest in Reko Diq

Published 15 Nov, 2023 06:09am

ISLAMABAD: Saudi Arabia has shown interest in acquiring government stakes in Pakistan’s Reko Diq gold and copper...

Govt of Pakistan’s equity in Reko Diq project: Barrick says ‘will not mind’ if PIF wants to buy out

Updated 09 Aug, 2023 10:21am

Barrick will support Saudi Arabia’s wealth fund coming into the mine through Pakistan’s 25% equity stake, says CEO Mark Bristow

Copper climbs on China support but Covid clouds demand outlook

Published 30 Apr, 2022 05:53am

LONDON: Copper prices rebounded on Friday after top metals consumer China pledged more support for its ailing ...

China copper output rises, tin production up

Published 12 Jan, 2022 04:25am

BEIJING: China’s copper output rose 6.71% in December from the previous month to 802,200 tonnes as producers...

Copper prices ease

Published 04 Dec, 2021 04:23am

LONDON: Copper eased on Friday as the dollar firmed despite underwhelming US jobs data that tempered expectations ...

Chinese officials in Afghanistan to explore lithium projects

Published 25 Nov, 2021 03:53am

KABUL: Officials representing several Chinese companies are in Afghanistan to conduct on-site inspections of...

Copper edges lower on uncertainty ahead of Fed meeting

Published 04 Nov, 2021 04:32am

LONDON: Copper prices slipped on Wednesday on uncertainty ahead of a U.S. Federal Reserve meeting expected to start...

Copper slips on strong dollar

Published 06 Oct, 2021 04:17am

LONDON: Copper prices buckled under a stronger dollar on Tuesday ahead of key US payroll data later this week and on...

Copper falls as power shortages grip top consumer China

Published 30 Sep, 2021 04:15am

LONDON: Copper prices fell for a second day on Wednesday as a power supply crisis gripped China, the largest metals...

Taliban inherit untapped $1trn trove of minerals

Updated 23 Aug, 2021 11:26am

PARIS: The Taliban now hold the keys to an untouched trillion-dollar trove of minerals including some that could...

Demand doubts and dollar weigh on copper

Published 10 Aug, 2021 04:39am

LONDON: Copper prices fell to their lowest in more than two weeks on Monday as a firm dollar and demand worries...

Copper rises as investors await Fed minutes

Published 08 Jul, 2021 04:22am

LONDON: Copper prices rose on Wednesday, recouping losses from the previous session, as investors waited for the...

Copper prices keep falling

Published 30 Jun, 2021 03:54am

LONDON: Copper prices fell on Tuesday as rising coronavirus cases strengthened the dollar and cast doubt on a speedy...

Copper prices steady

Published 26 Jun, 2021 03:24am

LONDON: Copper prices held steady on Friday after US President Joe Biden embraced a bipartisan Senate infrastructure...

Copper keep climbing

Published 24 Jun, 2021 03:36am

LONDON: Copper prices extended gains on Wednesday after the head of the US central bank vowed to keep interest rates...

Copper heads for biggest weekly fall since March 2020

Published 20 Jun, 2021 03:39am

LONDON: Copper on Friday was on track for its biggest weekly fall since March 2020 after the Federal Reserve...

Copper prices slip to 7-week low

Published 16 Jun, 2021 03:39am

LONDON: Copper prices slid to seven-week lows on Tuesday as traders and funds cut bets on higher prices due to...

Copper falls as market frets about demand, China curbs

Published 15 Jun, 2021 03:30am

LONDON: Copper slipped on Monday as fears that top consumer China would take action to curb any further rises in...

Copper prices hover below $10,000

Published 10 Jun, 2021 03:22am

LONDON: Copper prices hovered below $10,000 a tonne on Wednesday as data showed Chinese factories were facing the...

Global copper smelting extends recovery in May

Published 06 Jun, 2021 02:56am

LONDON: Global copper smelting extended its rebound in May, touching fresh highs for the year as operations ...

Shanghai copper registers second monthly gain on supply concerns

Published 31 May, 2021 06:37pm

The most-traded July copper contract on the Shanghai Futures Exchange closed 0.9% up at 73,950 yuan ($11,617.68) a tonne for a 2.1% monthly gain.
The White House, meanwhile, has proposed a $6 trillion budget plan to ramp up spending in several sectors including infrastructure.

Copper retreats on fears over Chinese price crackdown

Published 21 May, 2021 08:20pm

Copper on the London Metal Exchange (LME) was set for its biggest weekly drop since September 2020 after a sizzling rally with near 40% gains since the start of the year to a record peak of $10,747.50 last week.
Three-month LME copper had slid 1.6% to a two-week low of $9,884 a tonne, down 3.5% on the week.

C$ stays on track to extend weekly win streak despite jobs decline

Published 07 May, 2021 08:41pm

Canadian dollar weakens 0.3% against the greenback.
For the week, the loonie is up 0.9%.
Canada sheds 207,100 jobs in April.
Canadian 5-year yield hits a 2-month low at 0.841%.

Aluminium extends rally on growing supply fears

Published 06 May, 2021 08:56pm

Prices have rocketed 25% this year as commodities and equities markets surged and investors anticipate that a crackdown on polluting smelters in China will constrain supply.
Adding impetus was China saying it would "indefinitely" suspend all activity under a China-Australia Strategic Economic Dialogue, deepening a crisis in relations.

Copper bonanza challenge for top producer Chile

Published 02 May, 2021 11:23am

"There is a conjunction of elements that are making investors adopt a more cautious position," he added.

Copper prices down

Published 01 May, 2021 03:28am

LONDON: Copper drifted lower on Friday, hovering below the $10,000 level it briefly broke through a day earlier as...

World top copper producer Chile sees output slide for 10th consecutive month

Published 30 Apr, 2021 08:37pm

Copper output fell 1.3% in March, to 491,720 tonnes, the agency said, coinciding with a raft of new restrictions on movement and commerce following the Southern Hemisphere's summer holidays.
Chile's copper production fell 2.2% year on year, to 1.4 million tonnes, in the first quarter of 2021, according to INE's statistics.

Copper eyes $10,000/T level as US dollar softens

Published 29 Apr, 2021 12:18pm

"(Copper is) supported by a weaker dollar and dovish comments from the Federal Reserve," said commodities broker Anna Stablum of Marex Spectron in a note.

Copper rally pauses

Published 29 Apr, 2021 03:52am

LONDON: Copper paused near 10-year highs on Wednesday ahead of a policy announcement by the US Federal Reserve, but...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.29 ▲ 0.72 (15.75%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	7.60 ▲ 0.89 (13.26%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Ask.Gen.Insur. / Jun 4 Askari General Insurance Company Limited(AGIC)	41.22 ▲ 3.75 (10.01%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.82 ▼ -2.78 (-7.02%)
Crescent Fib. / Jun 4 Crescent Fibres Limited(CFL)	56.10 ▼ -3.89 (-6.48%)
Popular Islamic / Jun 4 Popular Islamic Modaraba(PIM)	22.11 ▼ -1.46 (-6.19%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32.47 ▼ -1.78 (-5.2%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Security Investment Bank / Jun 4 Security Investment Bank Limited(SIBL)	7.15 ▼ -0.34 (-4.54%)
Colony Tex.Mills Ltd / Jun 4 Colony Textile Mills Limited(CTM)	7.63 ▼ -0.34 (-4.27%)
Bela Auto / Jun 4 Bela Automotives Limited(BELA)	56.60 ▼ -2.39 (-4.05%)
Olympia Mills / Jun 4 Olympia Mills Limited(OML)	30.15 ▼ -1.08 (-3.46%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	102,156,523 ▲ 0.33
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	29,206,476 ▲ 0.73
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	25,820,513 ▲ 1.07
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	20,086,430 ▲ 0.61
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	19,168,918 ▼ -0.16
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	18,949,398 ▼ -0.02
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	18,568,468 ▲ 2.05
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	14,941,308 ▲ 0.29
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	14,709,340 ▲ 0.4
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	14,286,234 ▲ 2.31

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