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aluminium

LME aluminium may rise into $2,053-$2,068 range this week

The metal is riding on a wave 3 from $1,793, which may extend to $2,068, its 186.4pc projection level, as pointed by a rising trendline.

Published 30 Nov, 2020 04:06pm

Markets

China Oct aluminium imports fall for 2nd month as price spread narrows

That was down from 355,999 tonnes in September and well below China's October aluminium exports of 418,894 tonnes, making the country a net exporter for a second month.

Published 23 Nov, 2020 06:24pm

Markets

Aluminium hits highest in nearly 20 months on speculative buying

LME aluminium has rebounded 32% since March despite forecasts of huge surpluses.
Aluminium on the Shanghai Futures Exchange closed 1.8% higher at 15,530 yuan a tonne, having hit a three-year high of 15,565 yuan a tonne.

Published 13 Nov, 2020 05:47pm

Markets

Industrial metals gain as aluminium hits 18-month high

A weaker dollar, meanwhile, also buoyed metals because that makes them cheaper for non-US buyers.
Prices could retreat as new coronavirus resrictions slow economic growth in Europe and elsewhere.

Published 03 Nov, 2020 07:53pm

Markets

LME aluminium may peak in $1,880-$1,898 zone

A projection analysis suggests an ultimate target of $1,898, the 186.4pc projection level of the uptrend from $1,562.

Published 19 Oct, 2020 04:45pm

Markets

Tighter LME market helps lift aluminium to three-week high

Benchmark three-month aluminium was up 1.3% at $1,806 a tonne at 1608 GMT after touching $1,808, the highest since Sept. 15.
There is better demand coming through, and a bit more optimism," independent analyst Robin Bhar said.

Published 09 Oct, 2020 01:04am

Markets

Japan Q4 aluminium premium rises to $88/T as demand recovers from COVID-19

The latest quarterly pricing negotiations began late last month between Japanese buyers and global suppliers including Rio Tinto, and South32.

Published 24 Sep, 2020 03:11pm

Markets

LME aluminium may test resistance at $1,811

The resistance is identified as the 138.2pc projection level of an upward wave C from $1,562.

Published 21 Sep, 2020 03:47pm

World

India plans to restrict copper, aluminium imports with an eye on China

Officials in New Delhi are expected to soon ask importers to register with authorities as a first step towards tighter controls that would require permits for individual shipments of the two metals,
The purpose of (the) system is to have adequate information ... so that an appropriate policy intervention could be devised.

Published 10 Sep, 2020 05:41pm

Markets

LME aluminium may test support at $1,784 this week

The resistance is identified as the 123.6pc projection level of an upward wave C from $1,562.

Published 17 Aug, 2020 04:39pm

Markets

Shanghai aluminium hits over 2-year high on strong China demand

London Metal Exchange's three-month copper rose 0.3pc to $1,729.50 a tonne by 0708 GMT.

Published 30 Jul, 2020 05:23pm

Markets

China's aluminium imports jump to 11-year high on lower overseas prices

China shipped out 354,038 tonnes of unwrought aluminium and aluminium products last month, down 30pc year-on-year, customs data showed.

Published 23 Jul, 2020 04:59pm

Markets

LME aluminium may fall to $1,544 this week

The metal is expected to test a support at $1,544, a break below which could cause a fall to $1,510.

Published 15 Jun, 2020 04:23pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42
France CAC40 / May 17	8167.50
Tokyo Nikkei / May 20	39197.34

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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