Lead sheds fell by 0.48% on weak global trend

Guide prices fell by 0. 48% to Rs 113. seventy five per kg in futures trade today, tracking weakness in base metals overseas on concerns of the slowdown in demand.

At the Multi Commodity Trade, September lead declined by 55 paise, or 0. 48%, in order to Rs 113. 75 per kg, with a company turnover of 463 lots.

The October contract get rid of 45 paise, or 0. 39%, to Rs 114. 20 for each kg in 27 lots.

Market analysts said a weak trend in the overseas market on concerns of the slowdown in demand after a key US joblessness report showed that no jobs were added within the world's largest economy last month mainly weighed upon lead futures prices here amid growing uncertainty about the healthiness of the global economy.