Mumbai, Feb. 5 -- COMEX Copper futures edged up near two week high as a rally above $4.30 per pound extended on hopes of improving global manufacturing activity. The metal currently trades up 0.41% at $4.37 per pound. The J.P.Morgan Global Manufacturing PMI - a composite index produced by J.P.Morgan and S&P Global Market Intelligence in association with ISM and IFPSM - rose to 50.1 in January, to signal the first (albeit marginal) improvement in operating conditions for seven months. MCX Copper futures are trading at Rs 842.90 per kg, up 0.36% on the day after hitting a high of Rs 845 per kg. Meanwhile, Asian stocks fell on trade frictions. China's Shanghai Composite index closed down 0.65%. Japanese Nikkei average closed flat. Hong Kong's ...
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