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BUZZ-India's Hindustan Copper jumps on copper's record high
** Shares of Hindustan Copper HCPR.NS up 5.5% to 430.4 rupees as copper prices hit record high
** The benchmark three-month copper on the London Futures Exchange CMCU3 hit a record high of $12,282 a ton, last up 1.1% to $12,194
** Indian miner set to gain for five straight weeks, rising ~37% in the period so far
** Stock trading above its 100-day, 200-day simple moving avgs since Sept, indicating bullish sentiment
** CMCU3 has risen about 10% in Dec, set for highest monthly gain since April 2024
** YTD, CMCU3 up about 40% - on track to highest yearly gain since 2009
** More than 37.5 mln shares of HCPR traded, 2.6x their 30-day moving avg
** YTD, HCPR up ~74%
(Reporting by Anuran Sadhu in Bengaluru)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))


