Trends - Copper prices - Business Recorder

Copper prices

Copper drifts lower as China kicks off Lunar New Year holidays

LONDON: Copper prices edged lower on Friday as investors sought to balance a potential boost to metals demand from...

Published 23 Jan, 2023 08:04am

Markets

Copper steadies at seven-month high on demand optimism, supply headwinds

BEIJING: Copper prices touched seven-month highs on Wednesday, supported by supply jitters and bullish demand...

Updated 18 Jan, 2023 03:17pm

Markets

Copper rally continues

LONDON: Copper prices rose to a seven-month high on Tuesday as speculators bet Chinese demand will rise later in the...

Published 18 Jan, 2023 06:22am

Markets

Copper rally punctured by Chinese growth data

LONDON: Copper prices held steady on Tuesday as weak economic data from China, the metal’s biggest global consumer,...

Published 17 Jan, 2023 06:20pm

Markets

Copper dips as China’s economy slows

Copper prices fell on Tuesday as slowing economic growth in top metal consumer China reminded traders of the reality...

Published 17 Jan, 2023 10:23am

Markets

Copper rally falters as focus shifts back to weak demand

LONDON: Copper prices came under pressure on Monday as focus shifted back to weakening demand, particularly in top...

Published 17 Jan, 2023 06:02am

Markets

Copper takes a breather after rapid rally

LONDON: Copper prices paused their rally on Friday but were set to end the week with a 6.6% gain on hopes that a...

Published 13 Jan, 2023 06:26pm

Markets

Copper hits 7-month peak as US consumer prices fall

LONDON: Copper prices touched a seven-month high on Thursday after US consumer prices unexpectedly fell, brushing...

Published 13 Jan, 2023 06:05am

Markets

Copper retreats as investors focus on near-term weak demand

LONDON: Copper prices pulled back on Thursday after a blistering rally as some investors questioned whether the...

Published 12 Jan, 2023 04:29pm

Markets

Copper rises above $9,000 for first time since June

LONDON: Copper prices rose above $9,000 a tonne on Wednesday for the first time since June on hopes that Chinese...

Published 12 Jan, 2023 06:59am

Markets

Copper holds around 6-1/2-month highs on demand cheer, subdued dollar

BEIJING: Copper prices on Wednesday hovered near 6-1/2-month highs touched in the previous session, helped by hopes...

Published 11 Jan, 2023 11:11am

Markets

Copper retreats on weak demand and profit-taking

LONDON: Copper prices pulled back from a six-month peak on Tuesday, pressured by lacklustre demand in top metals...

Published 11 Jan, 2023 05:53am

Markets

Copper bounces as China investment news spurs short-covering

LONDON: Copper prices bounced on Thursday to snap a four-session losing streak, as bearish speculators reversed...

Published 05 Jan, 2023 05:32pm

Markets

Copper hits two-month low as demand fears emerge

LONDON: Copper prices slipped to two-month lows on Wednesday as the market focused on slowing economic growth and...

Published 05 Jan, 2023 05:58am

Markets

Demand angst puts copper on course for largest drop since 2018

LONDON: Copper prices held steady on Friday, but were heading for their first annual drop since 2018 due to worries...

Published 30 Dec, 2022 04:54pm

Markets

Copper slips on poor demand prospects

LONDON: Copper prices slipped on Thursday as surging COVID infections in top consumer China and worries about a...

Published 30 Dec, 2022 05:50am

Markets

Copper hits 2-week high on easing China COVID controls

LONDON: Copper prices hit two-week peaks on Wednesday as top consumer China’s easing of COVID restrictions spurred...

Published 28 Dec, 2022 04:59pm

Markets

Shanghai copper hits 2-week high

MANILA: Shanghai copper futures rose to their highest in two weeks on Tuesday as top metals consumer China has...

Published 28 Dec, 2022 04:12am

Markets

Copper holds steady amid recession risks, China demand uncertainty

BEIJING: London copper steadied on Friday as investors worries around a global recession and demand uncertainty in...

Published 23 Dec, 2022 10:23am

Markets

Copper edges lower as Chinese COVID cases multiply

LONDON: Copper prices edged lower on Thursday as an accelerating wave of coronavirus infections in China, the ...

Published 23 Dec, 2022 05:54am

Markets

Copper edges lower as Chinese COVID cases multiply

LONDON: Copper prices edged lower on Thursday as an accelerating wave of coronavirus infections in China, the...

Published 22 Dec, 2022 05:07pm

Markets

Copper holds its ground despite China’s Covid wave

LONDON: Copper prices hovered around $8,350 a tonne on Wednesday as hopes that China’s easing of COVID-19...

Published 22 Dec, 2022 05:57am

Markets

Copper holds its ground despite China’s COVID wave

LONDON: Copper prices hovered around $8,350 a tonne on Wednesday as hopes that China’s easing of COVID-19...

Published 21 Dec, 2022 05:55pm

Markets

LME copper may break support at $7,608 and fall more in Q1

SINGAPORE: LME copper may test a support at $7,608 a tonne in the next quarter, with a good chance of breaking below...

Published 20 Dec, 2022 01:17pm

Markets

Copper rises as China pledges economic support

LONDON: Copper prices rose on Monday, supported by a weaker dollar and hopes for stronger demand in China on the ...

Published 20 Dec, 2022 05:58am

Markets

Copper prices fall on weak China data and hawkish Fed

LONDON: Copper prices fell on Thursday as weak Chinese factory data and a U.S. Federal Reserve warning on further...

Published 15 Dec, 2022 06:37pm

Markets

Copper hits multi-month peak as dollar slides

LONDON: Copper prices jumped to their highest in nearly six months on Tuesday on a weaker dollar after a further...

Published 14 Dec, 2022 05:57am

Markets

Copper strides higher on inflation data optimism

LONDON: Copper prices ticked higher on Tuesday on optimism that data will show a further decline in U.S. inflation,...

Published 13 Dec, 2022 06:13pm

Markets

Copper retreats on worries over China demand

LONDON: Copper prices slipped on Monday, weighed down by worries about the economy in top metals consumer China as ...

Published 13 Dec, 2022 05:58am

Markets

Copper rises as Goldman predicts run to record highs

LONDON: Copper rose on Thursday on hopes that an easing of coronavirus controls in top consumer China will increase...

Published 08 Dec, 2022 05:13pm

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Jun 8 Security Investment Bank Limited(SIBL)	4.05 ▲ 1.00 (32.79%)
Pak. P.V.C. / Jun 8 Pakistan PVC Limited(PPVC)	5.74 ▲ 0.92 (19.09%)
TPL Corp Ltd / Jun 8 TPL Corp Limited(TPL)	6.24 ▲ 1.00 (19.08%)
PICIC Ins.Ltd. / Jun 8 PICIC Insurance Limited(PIL)	0.65 ▲ 0.10 (18.18%)
Reliance Ins. / Jun 8 Reliance Insurance Company Limited(RICL)	9.27 ▲ 1.00 (12.09%)
Tariq Corp.Pref. / Jun 8 Tariq Corporation Limited-Preference Shares(TCORPCPS)	10.49 ▲ 0.99 (10.42%)
Ist.Capital Sec / Jun 8 First Capital Securities Corporation(FCSC)	1.09 ▲ 0.09 (9.00%)
Bank of Khyber / Jun 8 The Bank of Khyber(BOK)	12.75 ▲ 1.00 (8.51%)
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	12.97 ▲ 1.00 (8.35%)
Gammon Pak / Jun 8 Gammon Pakistan Limited(GAMON)	5.39 ▲ 0.38 (7.58%)

Stock	Price
Gatron Ind. / Jun 8 Gatron (Industries) Limited(GATI)	261.76 ▼ -228.23 (-46.58%)
First IBL Mod. / Jun 8 First IBL Modaraba(FIBLM)	2.70 ▼ -0.95 (-26.03%)
Mod. Al-Mali (R) / Jun 8 Modaraba Al-Mali R(MODAMR1)	0.60 ▼ -0.10 (-14.29%)
Power Cem(Pref) / Jun 8 Power Cement (Pref)(POWERPS)	5 ▼ -0.81 (-13.94%)
F.Treet Manuf / Jun 8 First Treet Manufacturing Modaraba(FTMM)	6.27 ▼ -0.99 (-13.64%)
Samba Bank / Jun 8 Samba Bank Limited(SBL)	6.40 ▼ -1.00 (-13.51%)
Redco Textile / Jun 8 Redco Textiles Limited(REDCO)	5.25 ▼ -0.70 (-11.76%)
Pak Gen.Ins. / Jun 8 The Pakistan General Insurance Co. Ltd.(PKGI)	6.10 ▼ -0.79 (-11.47%)
Colony Tex.Mills Ltd / Jun 8 Colony Textile Mills Limited(CTM)	2.02 ▼ -0.19 (-8.60%)
Hala Enterprise / Jun 8 Hala Enterprises Limited(HAEL)	6.01 ▼ -0.54 (-8.24%)

Stock	Volume
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	79,599,536 ▲ 0.06
Pak Refinery / Jun 8 Pakistan Refinery Limited(PRL)	20,519,216 ▼ -0.32
Telecard Limited / Jun 8 Telecard Limited(TELE)	16,528,665 ▲ 0.37
Cnergyico PK / Jun 8 Cnergyico PK Limited(CNERGY)	15,518,079 ▼ -0.02
Pak Int.Bulk / Jun 8 Pakistan International Bulk Terminal(PIBTL)	15,311,500 ▲ 0.07
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	13,450,435 ▲ 1.00
Unity Foods Ltd / Jun 8 Unity Foods Limited(UNITY)	13,392,573 ▲ 1.01
Bankislami Pak. / Jun 8 BankIslami Pakistan Limited(BIPL)	11,156,754 ▲ 1.03
Pak Petroleum / Jun 8 Pakistan Petroleum Limited(PPL)	10,796,581 ▲ 0.00
TRG Pak Ltd / Jun 8 TRG Pakistan Limited(TRG)	9,913,245 ▲ 3.46

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 7	286.90
USD PKR Interbank Buying / Jun 7	286.70
USD to Japanese Yen / Jun 7	139.24
USD to Swiss Franc / Jun 7	0.91
Pound Sterling to USD / Jun 7	1.24
Euro to USD / Jun 7	1.07
UK LIBOR % / Jun 6	5.06

Stock	Volume
S&P 500 / Jun 6	4283.85
Nasdaq / Jun 6	13276.42
Dow Jones / Jun 6	33573.28
India Sensex / Jun 7	63142.96
Tokyo Nikkei / Jun 7	32177.03
Hang Seng / Jun 7	19285.10
FTSE 100 / Jun 7	7621.64
Germany DAX 30 / Jun 7	15972.51
France CAC40 / Jun 7	7196.03

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 6	20235
Gold 10 Grams PKR / Jun 6	195559
Crude Oil USD/Barrel / Jun 7	71.43
Gold Spot USD/Ounce / Jun 7	1963.99
Cotton US¢/pound / Jun 7	81.56

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