MCX Copper lingers around Rs 1300 per kg

COMEX Copper futures are holding in a range amid mostly steady sentiments in global equities. In Asia, China's Shanghai Composite index added 0.16% while Hong Kong?s Hang Seng corrected 0.20%. Japan?s Nikkei average soared 1.38 1% to hit record high yet again. European stocks edged up modestly. German DAX index added around half a percent. The US stocks moved back to the upside during trading on Friday. The Nasdaq and S&P 500 hit new record closing highs. Copper is holding just above $6 per pound amid these cues and is up more than 7% this month. MCX Copper futures are up 0.59% at Rs 1301 per kg.

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