CAPITAL MARKETS

Zinc prices rally

ZINC prices staged a strong rally in overnight London metal trading. The metal hit an intra-day high of US$844 a tonne before easing back to close at US$838, up US$19 on the day.

Tim Treadgold

Dealers told Dow Jones the rally ended when traders activated stop-loss orders once the metal passed US$835. They said zinc had been attempting to "break higher" all week. However, there was also a belief...

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