Copper rebounds modestly, European equities rise
Mumbai, Oct. 26 -- COMEX Copper futures edged up today after witnessing hefty losses in last session but overall movement was mixed. In Asia, China's Shanghai Composite index added 0.19%. Hong Kong's Hang Seng index rose 0.51%. Japan's Nikkei 225 index eased 0.38%. European markets moved up. German DAX rose around 1%. The US major stock indexes finished mostly lower on Friday due to a continued technology selloff that rattled the markets and the rise in oil prices from the ongoing U.S.-Iran war. The benchmark S&P 500 closed down 0.5%, while the tech-heavy Nasdaq Composite shed 0.2%, and the blue-chip Dow ended down 1.2%. COMEX Copper futures are currently up 0.22% at $6.52 per pound. MCX Copper is up 0.68% at Rs 1392.35 per kg after hitting...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.