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Copper prices

Copper dips as global volatility shakes investors' confidence

Three-month copper on the London Metal Exchange declined 0.6pc to $6,512 a tonne by 0726 GMT.

Published 05 Oct, 2020 04:55pm

Markets

Copper hits over one-week high on softer dollar, US stimulus hopes

Three-month copper on the London Metal Exchange was up 0.3pc at $6,692 a tonne by 0652 GMT.

Published 01 Oct, 2020 04:22pm

Markets

Copper dips on economic worries, rising inventories

LME copper stocks surged by nearly 30,000 tonnes to 165,600, data showed on Wednesday, and have more than doubled over the past week.

Published 30 Sep, 2020 03:13pm

Markets

Copper gains capped by long-term prospects, higher stocks

Premium for cash over 3-month copper reverses to a discount.
Eyes on surveys of China's manufacturing sector.

Published 28 Sep, 2020 11:23pm

Markets

Copper set for first weekly loss in seven on dollar strength

Three-month copper on the London Metal Exchange rose 1pc to $6,591.50 a tonne by 0704 GMT.

Published 25 Sep, 2020 04:40pm

Markets

Copper declines on robust US dollar, virus worries

China remained a net importer of aluminium for a second consecutive month, with August imports surging eightfold from a year earlier.

Published 24 Sep, 2020 04:26pm

Markets

Copper edges down as US dollar strengthens

The premium of ShFE cash zinc over LME cash zinc rose to $201.04 a tonne, its highest since January 2019.

Published 23 Sep, 2020 05:13pm

Markets

China demand, historically low stocks boost copper

Copper should remain supported in the mid $6,000s. Much of the risk in the short term comes from non-copper specific factors.
A lower US currency makes dollar-priced metals cheaper for holders of other currencies, which could boost demand.

Published 11 Sep, 2020 05:32pm

Markets

Copper withers on doubts about further gains, ECB meeting

LME lead stocks hit highest since June 2018.
Lead price sinks to one-month low.

Published 10 Sep, 2020 05:53pm

Markets

Copper extends gains on recovery hopes, inflation worries

The extended V-shaped recovery is certainly continuing in copper. The market is focusing on the manufacturing data,
Copper is often regarded as a bellwether of the global economy due to its extensive industrial uses.

Published 02 Sep, 2020 05:53pm

Markets

Copper rises towards two-year high as inventories fall, shares gain

Benchmark copper on the LME was up 0.8% at $6,584 a tonne in official trading, approaching a high of $6,707 reached on Aug. 19.
Expectations that inflation will rise are also helping metals, which as hard assets can serve as an inflation hedge, he said.

Published 26 Aug, 2020 06:20pm

Markets

Copper prices falter on demand doubts and profit-taking

Premium for cash over 3-month copper at $13.80 a tonne.
Copper stocks in LME-registered warehouses at 13-year lows.

Published 20 Aug, 2020 06:59pm

Markets

Copper prices steady ahead of Fed policy decision

The dollar is very weak recently and this is quite supportive for commodities including copper.
A weaker greenback makes dollar-denominated commodities cheaper for non-US firms, a relationship used by funds to generate buy and sell signals.

Published 29 Jul, 2020 11:14pm

Markets

Copper firm on demand recovery expectations, weaker dollar

Manufacturing PMIs on the horizon.
Premium for cash over 3-month copper narrows.

Published 27 Jul, 2020 11:23pm

Markets

Copper gains on EU stimulus deal and coronavirus vaccine hopes

Three-month copper on the London Metal Exchange rose 0.8% to $6,541 a tonne by 1617 GMT on Tuesday.
Three-month copper on the London Metal Exchange rose 0.8% to $6,541 a tonne by 1617 GMT on Tuesday, close to the 25-month high of $6,633 on July 13.

Published 21 Jul, 2020 11:15pm

Markets

Copper retreats on virus fears and US-China friction

Three-month copper on the London Metal Exchange (LME) fell 0.2% to $6,424.50 a tonne by 1115 GMT and looked set to snap an eight-week winning streak.
On the fundamental side, copper has gotten ahead of itself and I think this is a warranted pullback.

Published 17 Jul, 2020 06:10pm

Markets

Copper retreats from two-year peak as market eyes virus risks

Copper had soared about 50% from its 45-month lows touched in March to a two-year peak hit on Monday.
It's a long overdue reality check today that we've had in store for a couple of weeks now.

Published 14 Jul, 2020 05:15pm

Markets

Supply angst helps copper scale two-year high

China industrial production data due Thursday.
Cash over three-month copper contract at 14-month high.

Published 13 Jul, 2020 09:22pm

Markets

Demand hopes, supply worries propel copper to 5-month peak

Cash copper trades at a premium to 3-month contract.
Copper cancelled warrants at 47% of total LME stocks.

Published 07 Jul, 2020 09:33pm

Markets

Copper rally runs out of steam on worries about China demand

Copper has been the top gainer on the London Metal Exchange in recent months, rebounding 40%.
The technical indicators are flashing overbought conditions and there are signals that global growth is stalling after the strong recovery we've had.

Published 03 Jul, 2020 05:36pm

Markets

Copper strides to 5-month high on fears about Chile output

"That being said, there is mounting evidence that they're starting to struggle with pockets of outbreaks at mines and the pushback from trade unions for safer working practices."
"There are tentative signs that the post-lockdown economic recovery is perhaps progressing a bit quicker than most had thought."

Published 26 Jun, 2020 05:40pm

Markets

Copper climbs as supply fears trump weak growth outlook

The world's biggest copper producer, Chilean state miner Codelco, reported the death of a third worker from COVID-19.
Even though we may have some doubts about demand regarding the further growth downgrades from the IMF.

Published 25 Jun, 2020 05:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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