Copper Ends Up After Egypt’s Mubarak Steps Down

Base Metals Investing

Reuters reports that copper bounced from a near two-week low to end a shade higher on Friday, as broader market sentiment gradually improved after news of the resignation of Egyptian President Hosni Mubarak.

Reuters reports that copper bounced from a near two-week low to end a shade higher on Friday, as broader market sentiment gradually improved after news of the resignation of Egyptian President Hosni Mubarak.

The market news is quoted as saying:

Copper’s turnaround tracked a similar reversal in world equity markets, as Mubarak’s departure was seen partially reviving investors’ appetite for risk.

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