Trends - Saxo Bank - Business Recorder

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Copper slips on interest rate worries, lacklustre demand in China

LONDON: Copper prices dropped on Friday as worries about higher interest rates and soft physical demand in China...

Published 26 May, 2024 02:56am

Markets

Copper slips on firmer dollar, demand uncertainty

LONDON: Copper prices crept lower on Tuesday, pressured by a firmer dollar, amid uncertainty over a potential global...

Published 25 Jan, 2023 06:25am

Markets

Copper moves higher on China demand hopes

LONDON: Copper prices rose on Tuesday on hopes that protests against COVID-19 curbs in China will lead to a faster...

Published 30 Nov, 2022 05:53am

Markets

Copper rebounds on weaker dollar; China Covid outbreaks cap gains

LONDON: Copper snapped a four-session run of losses on Tuesday as the US dollar weakened, but rising COVID-19 cases...

Published 23 Nov, 2022 05:55am

Markets

Growth worries push copper prices lower

LONDON: Prices of copper and most other industrial metals fell on Wednesday on concerns that slowing global growth...

Published 26 May, 2022 05:26am

Markets

Gold hastens retreat as dollar gains upper hand

Gold retreated over 1.5pc on Tuesday and is on course for its biggest intraday drop in a month, as a buoyant dollar...

Published 08 Sep, 2021 12:59am

Markets

Copper hits lowest in almost two months

LONDON: Copper prices slumped to their lowest in nearly two months on Wednesday after recent weak economic data...

Published 19 Aug, 2021 04:15am

Markets

Copper climbs

LONDON: Copper prices rose on Friday as the dollar weakened after a sharp drop in US consumer sentiment fed views...

Published 14 Aug, 2021 03:41am

Markets

Copper recoils on Chile mine deal to avert strike

LONDON: Copper prices retreated on Wednesday, weighed down by dwindling chances of a strike at the world’s biggest...

Published 12 Aug, 2021 04:34am

Markets

Gold steadies in Europe

AMSTERDAM/LONDON: Gold steadied on Tuesday, after three sessions of declines, as uncertainties from rising COVID-19...

Published 11 Aug, 2021 04:27am

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

Gold eases in Europe

AMSTERDAM/LONDON: Gold eased on Monday as a firm dollar weighed, although bullion traded in a tight range as...

Published 29 Jun, 2021 03:24am

Markets

Copper rises from 10-week low ahead of Fed testimony

Benchmark copper on the London Metal Exchange (LME) reached a record high of $10,747.50 a tonne in May but fell 8.6pc last week and touched a low of $9,011 a tonne on Monday.

Published 22 Jun, 2021 11:08pm

Markets

Gold prices up in Asia

SINGAPORE: Gold prices rebounded more than 1% in Asian trade on Monday after their biggest weekly fall in percentage...

Published 22 Jun, 2021 04:46am

Markets

Copper prices ease

LONDON: Copper prices eased on Monday as investors took fright from weaker than expected trade data from top ...

Published 08 Jun, 2021 04:09am

Markets

Raw sugar recovers after hitting one-month low

LONDON: Raw sugar futures on ICE recovered on Monday after hitting a one-month low earlier on long liquidation by...

Published 25 May, 2021 04:40am

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

Bullish investors push copper towards 10-year highs

LONDON: Copper prices rose on Monday as global stock markets hit record highs and the dollar fell, with many ...

Published 20 Apr, 2021 03:59am

Markets

Copper prices slip

LONDON: Copper prices slipped on Monday on worries that top metals consumer China wants to put a lid on surging...

Published 13 Apr, 2021 04:31am

Markets

Copper falls to near 3-week low

LONDON: Copper prices slid to their lowest in nearly three weeks on Thursday on a buoyant dollar and concern about...

Published 26 Mar, 2021 05:22am

Markets

Copper falls to near 3-week low on China demand worries, firm dollar

Three-month copper on the London Metal Exchange had shed 2.3pc to $8,775 a tonne by 1700 GMT, having hit $8,702 a tonne, its lowest since March 5.

Updated 26 Mar, 2021 12:04am

Markets

China pollution clampdown fuels copper demand concerns

LONDON: Copper prices eased on Friday as Chinese anti-pollution measures fuelled worries about reduced demand, while...

Published 13 Mar, 2021 04:28am

Markets

Nickel collapse triggers slide across industrial metals

LONDON: Industrial metals fell on Thursday as a collapse in nickel prices and a jittery mood among investors on ...

Published 05 Mar, 2021 05:17am

Markets

Nickel collapse triggers slide across industrial metals

Benchmark copper on the London Metal Exchange (LME), which hit a 10-year high of $9,617 a tonne last week, was on track for its worst day since October as it lost 4.2% to $8,720.
Nickel, meanwhile, tumbled for a second day. Having reached a seven-year high of $20,110 last week, it traded at $16,175 a tonne, down 7.1% and set for its biggest one-day loss since 2016.

Updated 04 Mar, 2021 09:51pm

Markets

Copper spirals lower as bond rout spooks investors

LONDON: Copper recoiled on Friday after touching successive multi-year peaks, falling more than 3% as risk-off...

Published 27 Feb, 2021 04:29am

Markets

Copper hits highest since 2012 on inflation concerns and healthy demand

LONDON: Copper prices jumped to their highest since 2012 on Monday as investors continued their buying spree on...

Published 16 Feb, 2021 04:07am

Markets

US MIDDAY: Gold lower

NEW YORK: Gold prices edged lower on Tuesday on concerns over a fresh US coronavirus aid package, while a slightly...

Published 27 Jan, 2021 04:59am

Markets

Copper slips as China’s coronavirus outbreak raises demand fears

LONDON: Copper fell on Friday alongside stock markets and oil prices as poor economic data and new coronavirus...

Published 23 Jan, 2021 03:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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