New Delhi, Jan. 5 -- State-owned Hindustan Copper continued to trade higher for the third straight session during Monday's intraday deals on January 5, with the stock rising 5.2% to Rs.570 apiece - the highest level since February 2010. The sustained rally in global copper prices keeps the domestically-focused mining company on investors' radar.
The benchmark three-month copper contract on the London Metal Exchange climbed 2.86% to $12,826.5 a ton.
Earlier in the day, the contract rose as much as 3.28%, approaching last year's record of $12,960, as traders ramped up supplies to the US amid fears that the country may impose tariffs on the industrial metal, tightening availability at major trading hubs such as London and Shanghai.
The ra...
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