Copper futures end lower on Tuesday or Ashok Leyland informs News Today

Copper futures end lower on Tuesday

Copper futures ended lower on Tuesday amid gloomy prospects for economic growth and demand after a batch of weak manufacturing activity data from around the world. China’s factory activity unexpectedly shrank in June as domestic and export demand faltered, a private sector business survey showed, pointing to further strains on its vast manufacturing sector. Manufacturing activity also shrank in most Asian and European countries in June. US manufacturing activity slowed to near a three-year low in June, the third straight month of declines, with a measure of new orders received by factories tumbling.

Copper futures for September delivery fell 0.9 percent to settle at $2.664 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange closed down 1.1 percent at $5,886 a metric ton.

Ashok Leyland informs about trading window closure

As per the Company’s Code of Conduct to regulate, monitor and report trading by insiders (Code), Ashok Leyland has informed that the Trading Window for dealing in the securities of the Company has been closed for all the Designated Persons and their relatives with effect from July 1, 2019 till 48 hours after the financial results of the Company for the quarter ended June 30, 2019, become generally available information. The above information is a part of the company’s filings submitted to BSE.

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