Aug. 20 (Bloomberg) -- Copper rallied from a two-week low in London after equities rebounded in Asia, easing doubts about a global economic recovery and improving demand prospects for industrial metals. China’s benchmark stock index added as much as 3 percent after reaching a two-month low yesterday. Asian energy and finance stocks advanced as oil prices rallied and QBE Insurance Group Ltd., Australia’s largest property and casualty insurer, reported higher first-half profit. The MSCI Asia-Pacific Index of equities gained 0.6 percent. “Gains in equities and oil helped copper rebound from recent lows with full force,” Zhu Yanzhong, an analyst at Jinrui Futures Co., said in an e-mailed report today. Three-month delivery copper climbed as much as 2 percent to $6,101 a metric ton on the London Metal Exchange and traded at $6,068 a ton at 10:21 a.m. in Singapore. The contract dropped to the lowest since Aug. 3 yesterday. Copper for December delivery on the Shanghai Futures Exchange added as much as 3 percent to 47,750 yuan ($6,989) a ton. The contract last traded at 47,330 yuan. Among other LME-traded metals, aluminum added 0.6 percent to $1,962 a ton, zinc rose 1.2 percent to $1,830 a ton, lead increased 0.7 percent to $1,825 and nickel climbed 2 percent to $19,220 a ton. Tin hadn’t traded as of 10:23 a.m. in Singapore.

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