COMEX Copper saw a very choppy outing today. The red metal approached near $4.50 per pound in Asia before easing. Markets in Hong Kong returned to trade on Friday after being closed for most of this week due to the Lunar New Year holidays. The Hang Send index spiked more than 3%. In mainland China, markets remain closed on Friday for the holidays. Japanese Nikkei index rose 0.73%. Copper gave up these gains though as European stocks continued to slip with German benchmark DAX losing around 1%. COMEX Copper futures are trading flat at $4.47 per pound. MCX Copper futures are trading at Rs 755.20 per kg, up 0.17% on the day.
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