Trends - Copper prices - Business Recorder

Copper prices

Copper retreats on profit taking, weak physical demand

LONDON: Copper prices slipped on Wednesday as funds locked in profits from a rally to record highs that has curbed...

Published 22 May, 2024 04:39pm

Markets

Copper dragged off record high by subdued physical demand

LONDON: Copper prices fell on Tuesday, drifting away from the previous session’s record high as investors assessed...

Published 21 May, 2024 05:27pm

Markets

Copper surges to record highs

LONDON: Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for...

Published 21 May, 2024 03:39am

Markets

Speculative frenzy propels copper to records above $11,000/T

LONDON: Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for...

Published 20 May, 2024 05:13pm

Markets

Nickel, copper surge to multi-month highs on New Caledonia, China

LONDON: Nickel prices jumped to the strongest in nine months on Friday on unrest in nickel producer New Caledonia,...

Published 17 May, 2024 04:31pm

Markets

CME copper near record high

LONDON: Copper prices on the Chicago Mercantile Exchange hovered near record highs on Thursday as buyers piled in...

Published 17 May, 2024 05:50am

Markets

CME copper near record high as shorts roll positions forwards

LONDON: Copper prices on the Chicago Mercantile Exchange hovered near record highs on Thursday as buyers piled in...

Published 16 May, 2024 05:13pm

Markets

LME copper rises on bullish outlook

LONDON: London copper touched a more than two-year high on Wednesday, aided by a weaker US dollar and bullish demand...

Published 16 May, 2024 06:28am

Markets

Most base metals slip as data from top consumer China disappoints

BEIJING: Prices of most base metals opened lower on Monday after lacklustre economic data from China, the world’s...

Published 13 May, 2024 11:22am

Markets

Copper rises as traders chase arbitrage opportunities

LONDON: Copper prices rose on Friday as traders raced to capture arbitrage opportunities with growing gaps between...

Published 12 May, 2024 03:09am

Markets

Copper retreats on rate cut uncertainty

LONDON: Copper prices retreated on Thursday on a potential delay in US interest rate cuts ahead of key inflation ...

Published 10 May, 2024 04:17am

Markets

Copper retreats on rate cut uncertainty, physical pushback

LONDON: Copper prices retreated on Thursday on a potential delay in interest rate cuts ahead of key inflation data...

Published 09 May, 2024 04:37pm

Markets

Profit-taking sparked by firm dollar push down copper price

LONDON: Copper prices fell on Wednesday as a firm dollar triggered profit-taking, but expectations of robust demand...

Published 09 May, 2024 03:11am

Markets

Profit-taking sparked by firm dollar weighs on copper

LONDON: Copper prices fell on Wednesday as a firm dollar triggered profit-taking, but expectations of robust demand...

Published 08 May, 2024 04:55pm

Markets

Copper heads towards two-year highs

LONDON: Copper prices pushed towards two-year highs on Tuesday as focus returned to tight supplies and hopes of...

Published 08 May, 2024 07:25am

Markets

Copper heads towards two-year highs with spotlight on supply

LONDON: Copper prices pushed towards two-year highs on Tuesday as focus returned to tight supplies and hopes of...

Published 07 May, 2024 04:35pm

Markets

Copper rebounds on weak dollar

LONDON: Copper prices bounced on Friday, supported by a softer dollar after weak US jobs data and revisions to...

Published 05 May, 2024 02:54am

Markets

Copper bounces on weak dollar but heads for weekly decline

LONDON: Copper prices bounced on Friday, supported by a softer dollar and revisions to forecasts showing diminished...

Published 03 May, 2024 04:56pm

Markets

Copper retreats on concern over weak demand in China

LONDON: Copper prices extended losses on Thursday, pressured by concern that the market’s surge to two-year highs...

Published 02 May, 2024 04:51pm

Markets

Copper dips on funds profit taking, stronger dollar

LONDON: Copper prices fell on Wednesday as funds continued to cash in near the $10,000 per metric ton mark following...

Published 02 May, 2024 04:58am

Markets

Copper prices fall after hitting two-year high

LONDON: Copper prices in London fell on Tuesday after four sessions of gains, retreating on slower manufacturing...

Published 01 May, 2024 04:14am

Markets

Copper prices slip after hitting fresh two-year high

LONDON: Copper prices in London fell on Tuesday after four sessions of gains amid slower manufacturing activity...

Published 30 Apr, 2024 04:43pm

Markets

Copper hits two-year high, buoyed by BHP bid for Anglo

LONDON: Copper prices soared to two-year highs on Monday, driven by supply concerns highlighted by BHP Group’s bid...

Published 29 Apr, 2024 04:51pm

Markets

Copper hits two-year high on fund buying

LONDON: Copper prices in London hit a two-year high and tested a major level of $10,000 a metric ton on Friday after...

Published 28 Apr, 2024 02:56am

Markets

Copper breaks above $10,000 for the first time in two years

LONDON: Copper prices in London hit a two-year high and surpassed a strong resistance level of $10,000 a metric ton...

Published 26 Apr, 2024 04:10pm

Markets

Copper climbs on fund buying

LONDON: Copper prices extended gains on Thursday as funds chased the market higher after a takeover bid by BHP for...

Published 26 Apr, 2024 04:15am

Markets

Copper rises on funds inflow, potential supply shortage

Copper prices edged higher on Thursday, as the metals market saw an extended inflow of money through investment...

Published 25 Apr, 2024 10:32am

Markets

Copper back on rise despite lack of Chinese buyers

LONDON: Copper resumed its upward momentum on Wednesday after a two-session pause, but traders said Chinese consumer...

Published 25 Apr, 2024 03:05am

Markets

London copper in tight range as weak China demand, supply woes weigh

BEIJING: London copper traded within a tight range on Wednesday, as a recent rally in prices dampened consumption in...

Published 24 Apr, 2024 09:34am

Markets

Copper retreats from two-year high on profit-taking

LONDON: Copper prices retreated on Tuesday on profit-taking by funds and hedging by producers after a ...

Published 24 Apr, 2024 03:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20
France CAC40 / May 22	8092.11
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80

Item	Value
Gold 10 Grams PKR / May 22	212791
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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