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Copper prices

Copper hits eight-year peak as bullish factors dominate

Benchmark copper on the London Metal Exchange (LME) traded 1.6% up at $8,274 a tonne in official rings.
The idea that US stimulus is going to lead to higher inflation has taken hold this week.

Published 10 Feb, 2021 08:27pm

Markets

Copper prices lifted by inventory squeeze

LONDON: Copper prices rose on Monday, underpinned by thinning inventories that pointed to higher demand for the...

Published 09 Feb, 2021 04:43am

Markets

Copper prices lifted by inventory squeeze

"Inventories are still quite low on exchanges. That gives good indication that manufacturing demand for copper is present and that its not just a speculative story,".

Updated 09 Feb, 2021 12:12am

Markets

Copper prices up

LONDON: Copper prices rose on Friday, boosted by a weak dollar and hopes for better metals demand due to improved...

Published 06 Feb, 2021 04:06am

Markets

Copper buoyed by vaccine and US stimulus hopes

Market sentiment has remained bullish but cautious this week.
Total inventories of copper in LME-registered warehouses are at 76,550 tonnes, less than half of October's levels.

Published 05 Feb, 2021 07:40pm

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 rebounds on short covering, hopes on China liquidity

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

Published 03 Feb, 2021 05:34pm

Markets

Shanghai copper hits 8-week low on demand woes ahead of China holiday

China will celebrate its Lunar New Year holiday during Feb. 11-17, when metals demand usually dip as business activities slow.

Published 03 Feb, 2021 12:07pm

Markets

Copper heads towards six-week low

LONDON: Copper prices fell towards six-week lows on Tuesday as funds cut bets on higher prices ahead of a seasonal...

Published 03 Feb, 2021 04:35am

Markets

Copper heads towards six-week low as China holiday looms

Benchmark copper on the London Metal Exchange (LME) was down 0.8% at $7,739 a tonne.
The Chinese holiday is a time when manufacturing and demand typically slow for a few weeks.

Published 02 Feb, 2021 05:44pm

Markets

Copper dips weighed by China factory activity slowing in January

Three-month copper on the London Metal Exchange fell 0.1% to $7,849 a tonne by 0237 GMT and the most-traded March copper contract.

Published 01 Feb, 2021 12:00pm

Markets

Copper under pressure

LONDON: Copper prices came under pressure on Friday from profit-taking on long positions triggered by the higher...

Published 30 Jan, 2021 03:55am

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 prices up in choppy trade

LONDON: Copper gained on Thursday in choppy trade as the dollar reversed gains, making commodities prices the...

Published 29 Jan, 2021 04:55am

Markets

Firmer dollar, equities sell-off push Shanghai copper to 1-month low

The most-traded March copper contract on the Shanghai Futures Exchange dropped as much as 2% to 57,620 yuan ($8,895.82) a tonne, a level unseen since Dec. 23, 2020.
Three-month copper on the London Metal Exchange edged 0.1% lower to $7,818 a tonne, and nickel fell 1.4% to $17,660 a tonne and tin shed 1% to $22,575 a tonne.

Published 28 Jan, 2021 07:43pm

Markets

Copper to retreat from peaks as China demand eases

Copper seen averaging $7,600/T in 2021.
Aluminium surplus marked up to 1,110,000 T this year.
Analysts flip to 2021 nickel surplus from deficit in pvs poll.

Published 27 Jan, 2021 09:07pm

Markets

Weakening dollar lifts copper as rally loses momentum

Benchmark copper on the London Metal Exchange (LME) was up 0.5% at $8,015.50 a tonne.
The metal used in power and construction has hovered around $8,000 since slipping from a high of $8,238 on Jan. 8.

Published 26 Jan, 2021 08:54pm

Markets

Copper slips for a fourth day as rally loses momentum

Benchmark copper on the London Metal Exchange (LME) was down 0.5% at $7,927 a tonne.
Some market players may be taking profits or waiting for new impetus.

Published 26 Jan, 2021 06:27pm

Markets

Copper inches higher as investors eye US stimulus

Biden is pushing for a sweeping pandemic relief proposal, but Democratic Majority Leader Chuck Schumer.

Published 26 Jan, 2021 11:46am

Markets

Copper slips as China's coronavirus outbreak raises demand fears

Benchmark copper on the London Metal Exchange (LME) was down 1.8% at $7,877.50 a tonne.
Stocks in LME-registered warehouses have plunged to 1,030 tonnes, near record lows, with almost 40% already earmarked for delivery.

Published 22 Jan, 2021 06:03pm

Markets

China's copper imports slide in fourth quarter of 2020

Sliding stocks in LME approved warehouses to support copper
Reasons for the expected lull include scrap, which typically starts to emerge at high prices.

Published 22 Jan, 2021 05:11pm

Markets

Copper prices slip

LONDON: Copper prices slipped on Thursday as expectations that demand growth in top consumer China had reached a...

Published 22 Jan, 2021 04:47am

Markets

Copper rises on strong economic data from top metals buyer China

Three-month benchmark copper on the London Metal Exchange (LME) gained 0.5% to $7,991 tonnes.
The China data was pretty robust, not any great surprises there but just confirmation that China is back on track and that is a solid underpinning for metals.

Published 18 Jan, 2021 07:12pm

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 rises towards 8-year highs as stimulus cheers markets

Benchmark copper on the London Metal Exchange (LME) was up 0.7pc at $8,065 a tonne at 1703 GMT, a little below last week's peak of $8,238, the highest since February 2013.

Published 15 Jan, 2021 12:09am

Markets

Nickel prices boosted by Philippines ban on mining island

Philippine President Rodrigo Duterte stopped mining on Tumbagan Island in Languyan, in Tawi-Tawi province.
Benchmark nickel on the London Metal Exchange was up 3.3% to $17,655 per tonne at 1315 GMT, making it the biggest gainer among base metals.

Published 12 Jan, 2021 09:18pm

Markets

Copper prices slide as demand fears dominate

Prices of the metal used widely in the power and construction industries touched $8,238 on Friday for its highest since February 2013.

Updated 12 Jan, 2021 12:59am

Markets

Copper prices slide, demand worry dominates mood

Benchmark copper on the London Metal Exchange was down 1.9% at $7,975 a tonne.
There has been a fair amount of profit-taking on long positions," a copper trader said. "The dollar and China's coronavirus cases triggered the sell-off, but copper has come a long way since (early) last year.

Published 11 Jan, 2021 06:02pm

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

Markets

Copper jumps to 2013 peak on Biden infrastructure, stimulus hopes

LME nickel hit its highest since September 2019 at $18,060 a tonne, up 1.6pc, after stainless steel futures surged as much 5pc in China and inventories in the country slid.

Published 08 Jan, 2021 12:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.78
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 10	5222.68
India Sensex / May 10	72664.47
Tokyo Nikkei / May 10	38229.11
Nasdaq / May 10	16340.87
Hang Seng / May 10	18963.68
FTSE 100 / May 10	8433.76
Dow Jones / May 10	39512.84
Germany DAX 30 / May 10	18772.85

Item	Value
Crude Oil USD/Barrel / May 10	78.26
Gold Spot USD/Ounce / May 10	2360.50
Cotton US¢/pound / May 10	77.31
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762
Petrol/Litre / May 12	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 12 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 12 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 12 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 12 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 12 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 12 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 12 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 12 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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