Copper edges up from two-month lows

Copper prices stabilized on Thursday off two-month lows hit recently, as Swiss authorities vow to support Credit Suisse bank, while Chinese consumption is improving for industrial metals. 

Credit Suisse 

Credit Suisse's stock surged over 20%, recouping much of its losses as Swiss authorities reassured the markets and provided assistance to Switzerland's second largest bank.

Copper futures due in three months at the London Exchange rose 0.9% to $8581.50 a tone, after hitting January lows at $8,489.

Prices were boosted by higher demand in China, spiking to January 9 highs today. 

At the Shanghai Exchange, copper futures due in April fell 2.7% to 66,950 yuan, or $9,700 a tone, following heavy losses in the London session. 

Otherwise, the dollar index fell 0.2% to 104.4, with a session-high at 104.7, and a low at 104.2 as of 13:52 GMT. 

Copper futures due in May rose 0.4% to $3.82 a pound as of 13:48 GMT.