Trends - Nickel prices - Business Recorder

Nickel prices

London court told: LME cancelled nickel trades to ‘save’ Tsingshan

LONDON: The London Metal Exchange cancelled $12 billion worth of trades when nickel prices went haywire in March ...

Published 21 Jun, 2023 05:21am

Markets

Nickel hits three-week high on short-covering

LONDON: Nickel prices touched a three-week high on Tuesday, boosted by dwindling inventories and short-covering by...

Published 29 Mar, 2023 06:27am

Markets

Nickel extends rebound on short-covering, low stocks

LONDON: Nickel prices extended gains on Tuesday, boosted by dwindling inventories and short covering by speculators,...

Published 28 Mar, 2023 04:42pm

Markets

Nickel surges as inventories slide and speculators wade in

LONDON: Nickel shot up on Friday after inventories in China tumbled, while some speculators took advantage of the...

Published 27 Mar, 2023 06:15am

Markets

LME nickel jumps 6pc, with focus on large short position

LONDON: Nickel prices on the London Metal Exchange (LME) jumped more than 6% on Tuesday to their highest in more ...

Published 04 Jan, 2023 06:02am

Markets

LME official prices

LONDON: The following were Tuesday official prices. ========================================= Aluminium...

Published 15 Sep, 2022 05:57am

Markets

Aluminium hits seven-month low

• Nickel hits three-month low • Tin slides to year weakest

Published 15 Jun, 2022 07:37am

Markets

Copper bounces on hopes of China lifting Covid controls

LONDON: Copper prices rebounded on Thursday as the prospect of lockdowns being lifted in top metals consumer China...

Published 20 May, 2022 06:32am

LME boss stays amid nickel turmoil

LONDON: The London Metal Exchange, rocked by controversy over spiking nickel prices, said Wednesday that its chief...

Published 28 Apr, 2022 05:37am

Markets

Mass exit from nickel market opens up a volatility trap

LONDON: The good news for the London Metal Exchange (LME) is that its nickel contract is trading again after last...

Published 08 Apr, 2022 05:28am

Markets

Nickel jumps to daily limits on supply worries; aluminium retreats

LONDON: Nickel prices surged to their price limits on Thursday, spurred by persistent worries about supply because ...

Published 25 Mar, 2022 05:46am

Markets

Supply fears lift aluminium, nickel shows signs of normalizing

LONDON: Aluminium prices rose on Tuesday as traders worried about supply shortages, while nickel began trading in...

Published 23 Mar, 2022 04:58am

Markets

LME nickel slides limit down, aluminium rebounds on China hopes

LME nickel resumed trading on Wednesday and slid to its lower limit, while aluminium and other industrial metals...

Published 16 Mar, 2022 06:38pm

Markets

China’s Tsingshan agrees standstill agreement on LME nickel margins

LONDON: China’s Tsingshan Holding Group has reached an agreement with banks under which they will not make margin...

Updated 15 Mar, 2022 06:40am

Markets

LME suspends nickel trading after prices soar past $100,000

LONDON: The London Metal Exchange (LME) halted nickel trading on Tuesday after prices doubled in just hours to a...

Published 08 Mar, 2022 07:13pm

Markets

Russia disruptions fuel nickel’s 78pc spike to 15-year high

LONDON: Nickel prices rocketed 78% to near 15-year highs on Monday and aluminium jumped to a record above $4,000 a...

Published 08 Mar, 2022 05:15am

Markets

Russia disruptions fuel nickel's 30% spike to 15-year high

LONDON: Nickel prices jumped 30% to near 15-year highs and aluminium climbed to a record above $4,000 a tonne as...

Published 07 Mar, 2022 05:23pm

Markets

Aluminium and nickel cling to gains as Russia sanctions support

LONDON: Aluminium and nickel hovered near multi-year highs on Wednesday as Western nations sought to step up...

Published 24 Feb, 2022 06:34am

Markets

Healthy demand, shortages spur nickel’s climb to decade highs

LONDON: Nickel prices climbed to their highest in more than a decade on Monday as low inventories, healthy demand...

Published 22 Feb, 2022 04:43am

Markets

Supply concerns send nickel to three-week high

LONDON: Nickel prices climbed to three-week highs on Friday as worries about low inventories and potential sanctions...

Published 18 Feb, 2022 07:09pm

Markets

LME official prices

LONDON: The following were Friday official prices. ========================================= ALUMINIUM...

Published 15 Feb, 2022 06:45am

Markets

Copper pushes higher while low inventories boost nickel

LONDON: Copper prices rose on Tuesday after data showed expanding factory activity in Europe, Japan and the United...

Published 02 Feb, 2022 04:45am

Markets

Iron ore rises on China stimulus; stainless steel tracks record nickel prices

BEIJING: Iron ore pushed higher on Thursday on expectations of further monetary easing measures in top steel ...

Published 21 Jan, 2022 05:27am

Markets

Nickel prices hit 2011 high on low inventories

LONDON: Low inventories propelled prices for nickel to their highest since 2011 on Thursday, with future demand...

Published 21 Jan, 2022 05:27am

Markets

Nickel prices hit 2011 high on low inventories

LONDON: Low inventories propelled prices for nickel to 11-1/2 year highs on Thursday, with future demand expected to...

Published 20 Jan, 2022 07:26pm

Markets

Supply squeeze pushes nickel up 5pc to 11-year high

LONDON: Nickel prices on Wednesday shot to their highest since 2011 as a supply shortage forced traders to pay huge...

Published 20 Jan, 2022 04:21am

Markets

Supply crunch holds nickel near 11-year highs

LONDON: Nickel prices rose on Wednesday and hovered around 11-year highs as a supply shortage forced traders to pay...

Published 19 Jan, 2022 06:22pm

Markets

Nickel leaps to highest since 2011 as stockpiles dwindle

LONDON: Nickel prices surged to their highest since 2011 on Friday as a supply deficit ate into stockpiles and...

Published 15 Jan, 2022 05:50am

Markets

Nickel leaps to highest since 2011 as stockpiles dwindle

LONDON: Nickel prices surged to their highest since 2011 on Friday as a supply deficit ate into stockpiles and...

Published 14 Jan, 2022 05:34pm

Markets

Nickel and copper march to fresh peaks on supply concerns

LONDON: Nickel prices surged to their highest in a decade on Wednesday and copper broke back through $10,000 a tonne...

Published 13 Jan, 2022 07:17am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	5.96 ▲ 0.71 (13.52%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
Askari Life Assur. / Nov 29 Askari Life Assurance Company Limited(ALAC)	6 ▲ 0.55 (10.09%)
Media Times Ltd / Nov 29 Media Times Limited(MDTL)	1.80 ▲ 0.14 (8.43%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
S.G.Power / Nov 29 S.G. Power Limited(SGPL)	5.10 ▲ 0.39 (8.28%)
Ist.Dawood Bank / Nov 29 First Dawood Investment Bank Limited(FDIBL)	2.50 ▲ 0.19 (8.23%)
Escorts Bank / Nov 29 Escorts Investment Bank Limited(ESBL)	4.98 ▲ 0.37 (8.03%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)

Stock	Price
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Adamjee Life Assur. / Nov 29 Adamjee Life Assurance Company Limited(ALIFE)	25.06 ▼ -1.94 (-7.19%)
J.K.Spinning / Nov 29 J.K. Spinning Mills Limited(JKSM)	48.25 ▼ -3.65 (-7.03%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)
Aisha Steel(ConPS) / Nov 29 Aisha Steel(ConPS)(ASLPS)	7.20 ▼ -0.50 (-6.49%)
Nazir Cotton Mills / Nov 29 Nazir Cotton Mills Limited(NCML)	3.46 ▼ -0.24 (-6.49%)
Sapphire Textile / Nov 29 Sapphire Textile Mills Limited(SAPT)	1025.51 ▼ -71.09 (-6.48%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▼ -0.05
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▲ 0.00
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.26
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▲ 0.04
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▼ -0.04
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▲ 0.19
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▲ 0.01
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▲ 0.16
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▲ 0.42
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -0.29

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
FTSE 100 / Nov 28	7455.24
Dow Jones / Nov 28	35416.98
Germany DAX 30 / Nov 28	15992.67
France CAC40 / Nov 28	7250.13
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

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