Mumbai, July 28 -- COMEX Copper futures are witnessing flat moves today as tepid economic cues from China capped the enthusiasm over positive trade developments. The red metal is currently quoting at $5.79 per pound, almost unchanged on the day. A spike to record highs last week has been failing to sustain amid firm US dollar and rising LME Copper inventories. Latest data showed that Chinese industrial enterprises recorded a total gross profit of Yuan 3.44 trillion for the first half of 2025, slipping by 1.8% on year. Meanwhile, in Asia, Chinese Shanghai Composite index added 0.12% while Hong Kong's Hang Seng index rose 0.68%. Japan's Nikkei average eased though, sliding 1.10% and adding to sharp losses in the last session. European stocks ...
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