Trends - London Metal Exchange

London Metal Exchange

Copper slips as dollar climbs

LONDON: Copper prices eased on Wednesday as the dollar strengthened ahead of US jobs data later in the week which is...

Published 05 Aug, 2021 04:34am

Markets

Copper skids on fears that Delta variant could hit demand

LONDON: Copper prices declined for a third session on Tuesday on worries that the rapid spread of powerful COVID-19...

Published 04 Aug, 2021 04:14am

Markets

Copper claws higher on softer dollar, hopes for China stimulus

Three-month copper on the London Metal Exchange added 0.4% to $9,767 a tonne in official trading, after falling by 1% on Friday

Updated 02 Aug, 2021 05:47pm

Markets

Aluminium streaks to three-year highs on Chinese power cuts

LONDON: Aluminium prices climbed to the highest in over three years on concern about reduced supplies in top ...

Published 01 Aug, 2021 04:46am

Markets

Copper rises as Fed spreads bullish mood through markets

Benchmark copper on the London Metal Exchange (LME) was up 1.3pc at $9,816 a tonne at 1603 GMT, near a record high of $10,747.50 reached in May.

Published 29 Jul, 2021 10:47pm

Markets

Copper knocked by dollar's gains as Fed meeting in focus

Benchmark copper on the London Metal Exchange lost 0.7% to $9,737 per tonne
The bank's three-month, six-month and 12-month price target for copper is $10,500/t, $11,000/t and $11,500/t, respectively.

Published 27 Jul, 2021 06:28pm

Markets

Copper prices slips

LONDON: Copper prices lost ground in low volumes on Wednesday on tepid demand in top metals consumer China and...

Published 15 Jul, 2021 04:03am

Markets

Copper slips as Fed maintains taper timeline

LONDON: Copper prices dipped on Thursday after the US Federal Reserve confirmed plans to tighten monetary policy...

Published 09 Jul, 2021 04:25am

Business & Finance

Steel raw material: PALSP regrets govt’s refusal to reduce duties

ISLAMABAD: The large steel producers have regretted that the government has refused to reduce import tariffs/duties...

Published 09 Jul, 2021 04:25am

Markets

Copper prices slip

LONDON: Copper prices pulled back from their highest level in about three weeks on Tuesday after the dollar ...

Published 07 Jul, 2021 04:28am

Markets

Copper rises to 3-week high on fund buying; Fed minutes eyed

Three-month copper on the London Metal Exchange advanced 0.3% to $9,537 a tonne by 0410 GMT

Published 06 Jul, 2021 10:49am

Markets

Copper under pressure

LONDON: Copper came under pressure on Thursday as weak manufacturing data from top consumer China and a stronger...

Published 02 Jul, 2021 04:19am

Business & Finance

US infrastructure deal gives copper a helping hand

Benchmark copper on the London Metal Exchange traded up 0.4% at $9,479 a tonne in official rings.

Published 25 Jun, 2021 06:43pm

Markets

Copper prices rise as Fed chief soothes rate hike fears

Powell reaffirmed the central bank's intent to encourage a "broad and inclusive" recovery of the job market, and not to raise interest rates too quickly based only on the fear of coming inflation.

Published 23 Jun, 2021 11:29am

Markets

Copper trades flat in thin holiday trade

Yangshan copper premium fell to $22 a tonne, its lowest since 2016, indicating weak demand for imported metal into China.

Published 14 Jun, 2021 12:14pm

Markets

Tin prices ascent to over decade high

LONDON: Tin prices rose to their highest in more than a decade on Friday as expectations of severe shortages due to...

Published 12 Jun, 2021 05:04am

Markets

London Metal Exchange ring will return, but for how long?

LONDON: The shouting will resume on Sept 6, when the nine ring-dealing members of the London Metal Exchange (LME)...

Published 10 Jun, 2021 03:22am

Markets

Copper ticks higher, but vulnerable to further losses

LONDON: Copper prices rose on Tuesday on optimism about economic recovery, but volumes were low and analysts cited...

Published 09 Jun, 2021 03:29am

Markets

Copper ticks higher, but vulnerable to further losses

Three-month copper on the London Metal Exchange had edged up 0.1% to $9,914 a tonne.
Shanghai copper prices fell, closing 0.4% lower at 71,420 yuan.

Published 08 Jun, 2021 05:25pm

Markets

Copper rises as strike fears and Chinese data reassure bulls

Benchmark copper on the London Metal Exchange (LME) was up 0.7% at $10,048.50 a tonne in official trading.
Prices of the metal used in power and construction surged to a record high of $10,747.50 this month before slipping to $9,795 on Monday.

Published 27 May, 2021 08:27pm

Markets

Copper prices up

LONDON: Copper prices rose on Thursday as a softer dollar and worries about a strike in Chile spurred purchases, but...

Published 21 May, 2021 05:04am

Markets

Copper up on dollar, strike possibility in Chile

"There's been some buying on the back of a lower dollar and the possibility of a strike at Escondida (copper mine in Chile)," a copper trader said. "But the rally does seem to have to run out of steam."
An overhaul of Chile's market-orientated constitution is underway and the country is debating whether to increase royalties on miners.

Published 20 May, 2021 06:05pm

Markets

Copper eases as Glencore plans to restart Mutanda mine in 2022

The move could potentially cap further gains in the metal, which hit a record high last week.

Published 19 May, 2021 11:58am

Markets

Copper rises; ShFE zinc at 13-1/2-year high on supply concerns

Meanwhile, Yangshan copper premium climbed $1.50 to $38.50 a tonne on Monday, rising for the first time since February and signalling early signs of improved demand for imported metal into China.

Published 18 May, 2021 12:23pm

Markets

London copper rises as traders bet on bullish demand outlook

The most-traded June copper contract on the Shanghai Futures Exchange dipped 0.5% to 76,380 yuan ($11,887.94) a tonne, clawing back from early losses of 2.5%.

Published 11 May, 2021 12:41pm

Markets

Copper slips after rallying to peak

LONDON: Copper slipped on Monday after touching a new record peak as bullish investors who recently entered the...

Published 11 May, 2021 04:39am

Markets

China tin smelters lift April output

SHANGHAI: China’s tin smelters boosted output by 7% in April from the prior month to 15,298 tonnes, state-backed...

Published 11 May, 2021 04:39am

Markets

Global copper smelting recovers in April as prices rally

The first half of April was still weak, but smelting activity increased throughout the rest of the month, satellite service SAVANT and broker Marex said in a joint statement on Wednesday.
"The platform now suggests we are seeing the effect of that price rally with a strong increase in smelter activity in the latter part of April."

Published 05 May, 2021 05:45pm

Markets

Copper rally to lose steam in H2 as China curbs stimulus

LONDON: A rally in copper prices is likely to stall in the second half of the year as top consumer China reins in...

Published 04 May, 2021 04:26am

Markets

LME to announce open outcry ring decision in early June

The exchange, the world's oldest and largest market for industrial metals, announced a proposal in January to move to full electronic trading and held a consultation.
"The LME received an unprecedented volume of feedback ... with 192 individual responses," it said.

Published 30 Apr, 2021 06:23pm

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	155.70
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 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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