Trends - copper rate - Business Recorder

copper rate

Copper prices firm on weaker dollar

LONDON: Copper prices rose in London on Thursday, halting a three-session run of declines, helped by strong Chinese...

Published 08 Dec, 2023 05:20am

Markets

Copper prices recover on supply concerns

LONDON: Copper prices rose in London on Wednesday after two sessions of falls due to concerns about the availability...

Published 07 Dec, 2023 04:35am

Markets

Copper prices down on China’s rating cut

LONDON: Copper prices fell to one-week lows on Tuesday after Moody’s cut its outlook on China’s credit ratings ...

Published 06 Dec, 2023 04:27am

Markets

Copper nudges higher on China stimulus hopes

LONDON: Copper prices rose on Tuesday on worries a major mine in Panama would close and on hopes that top metals...

Published 29 Nov, 2023 05:09am

Markets

Focus on China demand weighs on copper

LONDON: Copper prices slipped on Monday as worries about demand resurfaced after weak data from China, though a...

Published 28 Nov, 2023 04:57am

Markets

Copper rises as strong yuan supports Chinese demand

LONDON: Copper prices rose in London on Thursday as the US currency weakened, supporting demand for the ...

Published 24 Nov, 2023 05:29am

Markets

Copper hits six-week highs

LONDON: Copper climbed to six-week highs on Thursday as lower inventories triggered a flurry of buying that took...

Published 17 Nov, 2023 06:06am

Markets

Copper near 5-week high as dollar softens on dovish Fed bets

BENGALURU: Copper on Wednesday traded close to a five-week peak scaled in the previous session as the dollar ...

Published 16 Nov, 2023 05:39am

Markets

Copper supported ahead of US inflation data

LONDON: Copper prices were supported on Tuesday by new funding to boost the Chinese housing market while the dollar...

Published 15 Nov, 2023 06:09am

Markets

Copper gains as bearish traders cancel short positions

LONDON: Copper prices rebounded on Monday as traders cancelled short positions in frustration, but gains were capped...

Published 14 Nov, 2023 05:08am

Markets

China’s Oct copper imports jump amid low stocks, solid demand

BEIJING: China’s copper imports jumped 23.7% in October from a year earlier, customs data showed on Tuesday, as ...

Published 08 Nov, 2023 05:42am

Markets

Copper hits one-month high ahead of key China data

LONDON: Copper prices climbed on Monday to one-month highs as a softer dollar and China’s commitment to boost...

Published 07 Nov, 2023 06:33am

Markets

China manufacturing data weighs on copper market sentiment

LONDON: Copper prices came under pressure on Tuesday as demand concerns resurfaced after weak manufacturing data ...

Published 01 Nov, 2023 05:57am

Markets

China optimism helps copper scale four-week high

HANOI: Copper prices climbed to four-week highs on Monday due to signs of steadying growth in top consumer China,...

Published 31 Oct, 2023 05:26am

Markets

Copper falls as stronger dollar offsets China stimulus

LONDON: Copper prices fell in London on Wednesday as a stronger dollar and further signs of stagnating euro zone...

Published 26 Oct, 2023 06:08am

Markets

Copper steadies as China stimulus offsets gloomy outlook elsewhere

LONDON: Copper prices were steady on Tuesday as top metals consumer China approved more stimulus, offsetting a...

Published 25 Oct, 2023 06:19am

Markets

Copper prices hit 11-month low

LONDON: Copper prices tumbled to 11-month lows on Monday as sentiment was hit by China’s property crisis, ...

Published 24 Oct, 2023 05:05am

Markets

Copper drops on spike in bond yields

LONDON: Copper prices probed lower on Friday, weighed down by worries about high interest rates, sluggish global...

Published 22 Oct, 2023 03:20am

Markets

Copper gains on China optimism

LONDON: Copper prices rose on Thursday on firmer economic data from top metals consumer China along with hopes for...

Published 20 Oct, 2023 05:17am

Markets

Copper edges higher

LONDON: Copper prices edged higher in London on Tuesday as the dollar index weakened but remained under pressure ...

Published 18 Oct, 2023 06:09am

Markets

Copper propped up by weaker dollar

LONDON: Copper prices edged higher on Monday as the dollar weakened and China’s central bank injected liquidity,...

Published 17 Oct, 2023 05:51am

Markets

Copper steadies on China stimulus hopes

LONDON: Copper prices were steady on Wednesday, as traders found comfort in prospects that US interest rates have ...

Published 12 Oct, 2023 05:57am

Markets

Copper heads for the LME week with steep weekly decline

LONDON: Copper prices rose in London on Friday, but were heading for their biggest weekly drop in five months due to...

Published 08 Oct, 2023 03:12am

Markets

Copper sinks

LONDON: Copper prices slumped to their lowest in more than four months on Wednesday on concerns about global growth...

Published 05 Oct, 2023 06:23am

Markets

Copper hits over 4-month low on firm dollar

Copper prices in London fell to their lowest in more than four months on Tuesday as a firm dollar made metals priced...

Published 03 Oct, 2023 10:27am

Markets

China’s property market troubles keep copper near four-month low

LONDON: Copper prices hovered near a four-month low on Wednesday as uncertainty about China’s property market was...

Published 28 Sep, 2023 05:33am

Markets

Gloomy demand, rising stocks hammer copper price

LONDON: Copper prices dropped on Monday, approaching close to four-month lows hit last week, with sentiment ...

Published 26 Sep, 2023 06:33am

Markets

Copper on track for weekly loss due to strong dollar

LONDON: Copper prices were on track for a weekly loss on Friday due to a strong dollar, high inventories and reduced...

Published 25 Sep, 2023 06:34am

Markets

Copper rises with improved China demand hopes

LONDON: Copper prices rose in London on Wednesday with more upbeat demand prospects from top metals consumer China,...

Published 21 Sep, 2023 06:08am

Markets

China demand concerns, LME inventories weigh on copper

LONDON: Copper prices slipped on Monday as worries about demand in top consumer China resurfaced and inventories in...

Published 19 Sep, 2023 06:31am

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 8 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 8 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 8 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 8 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 8 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 8 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 8 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 8 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 8 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 8 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 8 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 8 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 8 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 8 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 8 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 8 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 8 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 8 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 8 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 8 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 8 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 8 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 8 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 8 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 8 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 8 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	143.72
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.26
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 7	5.48

Stock	Volume
S&P 500 / Dec 7	4585.59
Nasdaq / Dec 7	14340
Dow Jones / Dec 7	36117.38
India Sensex / Dec 8	69810.76
Tokyo Nikkei / Dec 8	32305.33
Hang Seng / Dec 8	16275.13
FTSE 100 / Dec 8	7514.73
Germany DAX 30 / Dec 8	16654.79
France CAC40 / Dec 8	7458.02

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	17235
Gold 10 Grams PKR / Dec 7	187671
Crude Oil USD/Barrel / Dec 8	70.35
Gold Spot USD/Ounce / Dec 8	2031.22
Cotton US¢/pound / Dec 8	82.72

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