LME nickel rises as metals end 2005 quietly

Dec 30, 2005 | 12:13 PM | Matthew Lerner

With activity winding down in preparation for the New Year holiday, metal prices showed little volatility during Friday's final kerb session on the London Metal Exchange.

Three-month zinc ended the final kerb at $1,910 per tonne, a $7 decline from its morning session close but a $20 increase from Thursday's final kerb.

"The charts look very strong on zinc, and we think $1,980 is the next resistance," said Edward Meir, an analyst at Man Financial Ltd., London.....

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