Mon, Jul 25, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Market Pulse, Metals and Minerals, Price Watch more

Copper leaps on index rebalancing

Posted on 07 January 2009

From Theglobeandmail.com: Copper climbed to its highest level in nearly five weeks on Tuesday, buoyed by economic stimulus optimism and an annual portfolio rebalancing by major commodity index funds, but the rally was expected to be short-lived as demand concerns remain.

The Dow Jones AIG recalculates the weightings for the individual commodities in its index yearly and is set to raise the weighting for copper traded on the New York Mercantile Exchange’s Comex division….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 46913 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
July 2016
S M T W T F S
« Jun    
 12
3456789
10111213141516
17181920212223
24252627282930
31