Industrial metals gain from China's stimulus

Note: This section contains information in English only.
Source: Bloomberg
As China announced its 500 billion yuan stimulus for its five biggest banks, metals increased for the second day in a row. Nickel picked up by 1.5%, its highest in almost two week, and sold at $18,377 per ton. Copper edged up 1%, and copper for December delivery added 0.4% to $6,930.50 per metric ton early morning in Tokyo, however, prices have still decreased 5.9% this year. The LMEX index gained 1.2%, the highest in a month's time.
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