COMEX Copper futures saw a choppy movement in last session as selling pressure in equities capped the overall movement. The US stocks closed in negative territory on Monday. The Dow fell 0.5% and the S&P 500 dropped 0.4%. European markets crashed with major indices in Germany and France giving up around 2%. The continued weakness for global stocks came as investors kept a close eye on developments regarding the tensions between Ukraine and Russia. However, the LME Copper inventories fell to a one year low of 72000 tonnes, capping the downside in the metal. COMEX Copper currently trades $4.49 per pound, up marginally on the day. MCX Copper futures ended at Rs 769.35 per kg, up marginally on the day.
Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
