Mumbai, April 24 -- COMEX Copper futures stabilized after correcting from three week high yesterday as falling inventories capped losses. However, muted equities limited gains and the COMEX Copper futures are currently trading at $4.87 per pound, up 0.62% on the day. Meanwhile, in Asia, China's Shanghai Composite index ended flat but overall sentiments were supported on reports that there could be some de-escalation in US-China trade tensions. Hong Kong's Hang Seng index jumped 2.40% while Japan's Nikkei index soared 1.89%. European stocks eased with German DAX giving up 0.40% on the day. The US stocks managed to end higher with tech counters soaring sharply. MCX Copper is flat around Rs 858 per kg.
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