India's Hindustan Copper jumps as copper prices hit record high
BUZZ-India's Hindustan Copper jumps as copper prices hit record high ** Shares of Hindustan Copper HCPR.NS rise 3.7% to 528 rupees as copper prices hit record high
** Benchmark copper CMCU3 on the London Metal Exchange touched a record high of $14,533 a metric ton, last up 0.54% at $14,494
** Prices surged as the prospect of shortages outside the U.S. spurred speculative fund buying, while the softer dollar reinforced positive sentiment
** HCPR set for its best session since Aug. 26
** YTD, HCPR up ~1.5%
(Reporting by Anuran Sadhu in Bengaluru)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
Recent news on Hindustan Copper
See all newsBrief: Happy Square Outsourcing Services Gets Work Order From Hindustan Copper Worth 15.1 Million Rupees
Indian copper producers urge government to cut indirect tax to 5% from 18%
Brief: Hindustan Copper Says Jabalpur Commercial Court Grants Conditional Stay On Arbitration Award Passed Against Co
Brief: Happy Square Outsourcing Services Receives Work Order From Hindustan Copper Worth 50.2 Million Rupees
India's Hindustan Copper jumps as copper prices hit record high