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Shanghai base metals were mostly higher on strong earnings

From news.metal.com

Shanghai base metals were mostly higher on Thursday morning as investors tracked another batch of quarterly earnings and shrugged off Covid-19 fears. Meanwhile, their counterparts on the LME also rose for the most part. Shanghai base metals were mostly higher in overnight trading. Copper rose 0.38%, aluminium added 0.68%, nickel was 0.21% higher, lead advanced 0.82%. Tin went down by 0.49% while zinc fell by 0.87%. The LME complex saw a mixed performance on Wednesday. Copper added 0.15%, aluminium rose 0.39%, lead went up by 0.69%. On the other hand, nickel fell by 0.32%, tin went down 0.27% and zinc weakened by ... (full story)

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  • Category: Fundamental Analysis