CAPITAL MARKETS

Zinc falls below US$1000, near two-year low

THE price of zinc is hovering above a two-year low after falling under US$1000 a tonne on the London Metal Exchange Friday as market jitters increase over slowing economies.

Greg Tubby

The three months price fell to its lowest since June 1999 at US$995/998, down US$5 from Thursday's close. Growing signs of a slowdown in the US economy have pummelled global equity markets since last...

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