Copper Holds Above $3.70 Mark
Mumbai, Feb. 13 -- COMEX Copper futures are holding just above $3.70 per pound today amid mixed cues in global equities and lack of major economic cues. Major markets were shut in Asia due to holidays. Australian benchmark S&P/ASX 200 dipped 0.39% while South Korea's KOSPI moved up 0.41%. Japanese shares rose today amid thin trades overall. The Nikkei average topped the 38,000 mark for the first time since the asset bubble burst in 1990 before jumping nearly 3% on the day. European stocks fell. German DAX lost 0.50% while French CAC dipped 0.30%. UK's FTSE100 index eased 0.10%. Meanwhile, the US stocks showed a choppy patter yesterday and closed narrowly mixed. The Nasdaq and the S&P 500 had been poised to set new record closing highs but p...
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