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Pin to quick picksGlencore Share News (GLEN)

Share Price Information for Glencore (GLEN)

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Share Price: 460.70
Bid: 460.15
Ask: 460.35
Change: -7.25 (-1.55%)
Spread: 0.20 (0.043%)
Open: 466.50
High: 466.50
Low: 457.45
Prev. Close: 467.95
GLEN Live PriceLast checked at -

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FTSE 100 rises as healthcare, resource-linked gains offset China jitters

Mon, 16th May 2022 15:54

May 16 (Reuters) - UK's blue-chip index rose on Monday, aided by gains in healthcare and resource-linked stocks, though subdued data from China stoked slowdown concerns in the world's second-largest economy and kept sentiment in check.

The FTSE 100 index ended 0.6% higher, with pharmaceutical giants such as AstraZeneca and GlaxoSmithKline and oil majors Shell and BP among top boosts.

Data showed that China's retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted supply chains.

"It's no secret that there is some growth downside in China because of the zero-COVID strategy, so continue to expect the negative impact on data," Karim Chedid, head of investment strategy for iShares EMEA at BlackRock, said.

"The question is whether we've already seen the worst impact of the data."

Big miners including Glencore and Antofagasta rose along with industrial metal prices as China, the world's top metals consumer, set out plans to ease COVID-19 restrictions.

Consumer companies Unilever and Reckitt Benckiser were the biggest drags on the FTSE 100.

The domestically focussed midcap index ended flat.

Vodafone jumped 1.9% after telecoms group e& bought a 9.8% stake in the company for $4.4 billion.

Ryanair fell 0.2% after the airlines group said it was impossible to give a detailed forecast beyond hoping to return to "reasonable profitability" this year amid uncertainties over COVID-19 and the Ukraine war.

Technical products and services provider Diploma slid 5.7% after first-half results.

British baker and fast food chain Greggs slipped 0.5% after it said cost pressures were increasing as it reported a rise in first-quarter sales.

Bank of England Governor Andrew Bailey said he was "not at all happy" about the surge in inflation in Britain but added that he did not think the central bank could have done anything differently to prevent it. (Reporting by Sruthi Shankar and Amal S in Bengaluru; Editing by Aditya Soni, Rashmi Aich and Andrew Heavens)

More News
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

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12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

Read more
12 Apr 2024 14:45

London close: Stocks mixed as data shows UK GDP growth

(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.

Read more
12 Apr 2024 11:51

LONDON MARKET MIDDAY: February data spurs end of UK recession hopes

(Alliance News) - Stocks in London got a boost on Monday at midday, as investors were optimistic that the UK is heading out of its short lived recession.

Read more
11 Apr 2024 22:09

Chile's copper output up 9.8% in February, Codelco production dips -Cochilco

SANTIAGO, April 11 (Reuters) - Copper production in Chile rose 9.8% on an annual basis to 417,000 metric tons in February even as state-run Codelco's output dipped, the country's copper commission Cochilco said on Thursday.

Read more
11 Apr 2024 16:48

Europe Distillates-Diesel margins fall to lowest since July 2023

LONDON, April 11 (Reuters) - Northwest European diesel barge margins dropped by around 10% to $21 a barrel on Thursday, their lowest since July 2023, after a rise in regional stocks.

Trades   Bids   Offers  Previous  Seller  Buyer
Session
0.1 GO Barge April
diffs fob ARA -$29.0
per tonne 0
<GO-ED-ARA>
0.1 GO Cargo
diffs cif NWE
per tonne
<GO-CND-NWE>
0.1 GO Cargo
diffs cif Med
per tonne
<GO-CND-MED>
50ppm barge May
diffs fob ARA +$2.0
per tonne 0
<GO50PPM-ED-A
RA>

Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel barge May -$2 April April Apr
diffs fob ARA to -$4 Flat -$1/+2 -$0.25-+
per tonne .00 $1
<ULSD10-BD-AR
A>
Diesel cargo 2 May Litasc Glenco
diffs cif NWE cargoes +$20.2 o re
per tonne at May 5
<ULSD10-ANYD- $12.50
NWE>
Diesel cargo Med Med
diffs cif Med +$6.0 +$0.75
per tonne 0
<DL-CIFD-MED>

Jet fuel Trades Bids Offers Previous Seller Buyer Session
Jet fuel
barge
diffs fob
FARAG
per tonne
<JET-BD-ARA>
Jet fuel CCM CCM
cargo -$4 -+2
cif NWE per
tonne
<JET-CD-NWE>

Read more
8 Apr 2024 17:15

UK stocks close higher on commodities lift

FTSE 100 up 0.4%, FTSE 250 adds 0.7%

*

Read more
8 Apr 2024 17:03

LONDON MARKET CLOSE: Miners and airlines in demand as FTSE 100 climbs

(Alliance News) - Investors bought in London on Monday, as the FTSE 100 rose with gold hitting a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation.

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4 Apr 2024 18:09

Peru's PM says China-built megaport should launch this year after dispute

LIMA, April 4 (Reuters) - A resolution to end a dispute between Peru and China's Cosco Shipping could come as soon as this week to ensure a megaport will start operations as planned by the end of the year, Peru's Prime Minister Gustavo Adrianzen said on Thursday.

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4 Apr 2024 18:01

Sigma Lithium CEO won't sell the company at current lithium prices

LONDON, April 4 (Reuters) - Sigma Lithium's chief executive won't sell the miner at current lithium price levels and is concentrating on its near-term expansion plans, she told Reuters in an interview.

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4 Apr 2024 17:09

Europe Distillates-Diesel margins slip on rising inventories

LONDON, April 4 (Reuters) - Northwest European diesel barge margins fell by about $1 to $25.25 a barrel on Thursday as regional inventories rose.

Trades   Bids   Offers  Previous  Seller  Buyer
Session
0.1 GO Barge April
diffs fob ARA -$22
per tonne
<GO-ED-ARA>
0.1 GO Cargo
diffs cif NWE
per tonne
<GO-CND-NWE>
0.1 GO Cargo May
diffs cif Med +$6
per tonne
<GO-CND-MED>
50ppm barge
diffs fob ARA
per tonne
<GO50PPM-ED-A
RA>

Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel barge April April Shell, BP,
diffs fob ARA +$0.75- +$2-$3 Litasc Glenco
per tonne $2.25 (25.32KT o, re,
<ULSD10-BD-AR (32.45K ) ExxonM Gunvor
A> T) obil, ,
Mabana TotalE
ft nergie
s,
Vitol
Diesel cargo April Shell Vitol
diffs cif NWE +$13
per tonne (Amster
<ULSD10-ANYD- dam)
NWE>
Diesel cargo
diffs cif Med
per tonne
<DL-CIFD-MED>

Jet fuel Trades Bids Offers Previous Seller Buyer Session
Jet fuel
barge
diffs fob
FARAG
per tonne
<JET-BD-ARA>
Jet fuel CCM
cargo flat
cif NWE per
tonne
<JET-CD-NWE>

Read more
3 Apr 2024 16:07

London close: Stocks reverse losses to finish slightly higher

(Sharecast News) - London markets saw modest gains by the close on Wednesday, following Wall Street higher in afternoon trading.

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3 Apr 2024 12:19

EARNINGS AND TRADING: MediaZest optimistic; Volta Finance NAV up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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2 Apr 2024 18:55

Europe Distillates-Diesel margins rebound

LONDON, April 2 (Reuters) - Northwest European diesel barge margins ticked $1.91 higher to around $25.05 a barrel on Tuesday, after hitting their lowest since July 2023 on Thursday in the final session before Easter holidays in Europe.

Trades   Bids   Offers  Previous  Seller  Buyer
Session
0.1 GO Barge Apr -$21
diffs fob ARA
per tonne
<GO-ED-ARA>
0.1 GO Cargo
diffs cif NWE
per tonne
<GO-CND-NWE>
0.1 GO Cargo April
diffs cif Med +$6.5
per tonne 0
<GO-CND-MED>
50ppm barge April
diffs fob ARA -$2
per tonne
<GO50PPM-ED-A
RA>

Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel barge April Apr Shell, BP,
diffs fob ARA +$2.54 $2-$4 Belgom Vitol,
per tonne (34.85K ine Glenco
<ULSD10-BD-AR T) re,
A> Gunvor
,
Totsa
Diesel cargo April Shell BP
diffs cif NWE +$14
per tonne (CIF
<ULSD10-ANYD- Thames)
NWE>
Diesel cargo Med
diffs cif Med +$3
per tonne
<DL-CIFD-MED>

Jet fuel Trades Bids Offers Previous Seller Buyer Session
Jet fuel CCM
barge -$6
diffs fob
FARAG
per tonne
<JET-BD-ARA>
Jet fuel CCM
cargo +$6.50
cif NWE per
tonne
<JET-CD-NWE>

Read more
2 Apr 2024 17:36

Korea Zinc agrees 40% fee cut to turn Teck's mined zinc into metal, sources say

LONDON/SEOUL April 2 (Reuters) - Canadian miner Teck Resources has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal, according to two sources familiar with the matter.

Read more

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