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COMEX Copper bounces above $5 per pound mark

19-Nov-25 17:28 Hrs IST

COMEX Copper futures rose impressively from one and half week low as bargain buying supported the commodity. Equities were mixed. In Asia, China's Shanghai Composite added 0.18% while Hong Kong's Hang Seng Index lost 0.38%. Japanese Nikkei index fell 0.34%, sliding for fourth session in a row. European shares saw lax moves after hefty losses in last session. The US equities closed with deep losses yesterday. The Dow lost 1.1% as a drop from record highs extended. The Nasdaq tumbled 1.2% and the S&P 500 fell 0.8%. Copper fell under $5 per pound in last session but seems to be finding a support now. The metal has soared 1.14% to trade at $5.03 per pound right now.

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