Lme cu stabilises in official session on hedge fund support
Copper stabilised in the official session on the London Metal Exchange on Tuesday, with some hedge fund buying interest supporting the market, while other base metals traded lower.
Credit Suisse/Tremont has confirmed hedge funds enjoyed a solid rebound in February despite turbulent market conditions, as its index returned 1.61 pct against a 3.25 pct fall in the S&P 500.