Copper settled up 0.12% at 435.1 as an upbeat U. S. jobs report fired optimism over economic growth. Confidence was boosted after data showed U. S. employment growth jumped in June and the unemployment rate declined, allaying fears about the economy's health after a weather-hit start to the year.

That came after a survey showed that global business activity picked up in June, with new orders pouring in at their fastest rate in over three years. Copper stocks in LME warehouses have ticked up in the past few sessions, but still remain close to six-year lows near 150,000 tonnes. LME copper rose to a session high of $7,190 per tonne, its highest level since Feb. 19, and posted a 3 percent gain for the week, the biggest weekly rise since Sept. 20. Manufacturing activity in the United States and in Asia's industrial powerhouses China and Japan expanded further in June, but euro zone growth faltered as main motor Germany slowed.

U. S. private-sector hiring hit a 1-1/2-year high in June, reinforcing views that momentum was building to carry the economy through the rest of the year after a dismal start. Reinforcing signs that the broader economy is stabilising, activity in China's services sector expanded at its fastest pace in 15 months in June, a private survey showed. Technically market is under short covering as market has witnessed drop in open interest by -5.2% to settled at 10559 while prices up 0.5 rupee, now Copper is getting support at 433.7 and below same could see a test of 432.4 level, And resistance is now likely to be seen at 436.1, a move above could see prices testing 437.2.

Copper trading range for the day is 432.4-437.2.

Copper prices seen supported as an upbeat U. S. jobs report fired optimism over economic growth.

Copper stocks in warehouses have ticked up in the past few sessions, but still remain close to six-year lows near 150,000 tonnes.

Confidence was boosted after data showed U. S. employment growth jumped in June and the unemployment rate declined.

Warehouse stock for Copper at LME was at 156500mt that is down by -550mt.

SELL COPPER AUG BELOW 434 SL 437.50 TGT 431.80-428.50. MCX