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Pin to quick picksGlencore Share News (GLEN)

Share Price Information for Glencore (GLEN)

London Stock Exchange
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Share Price: 470.55
Bid: 470.45
Ask: 470.55
Change: 2.85 (0.61%)
Spread: 0.10 (0.021%)
Open: 473.60
High: 475.95
Low: 470.50
Prev. Close: 467.70
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UPDATE 2-London mid-cap stocks outperform as engineer IMI soars

Mon, 26th Apr 2021 09:44

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window.)

* Pearson rises as demand for online learning boosts Q1
trading

* FTSE 100 up 0.35%, FTSE 250 adds 0.92%
(Updates to market close)

By Devik Jain and Medha Singh

April 26 (Reuters) - London's FTSE-100 rose on Monday as
mining and financial shares benefitted from growing hopes of an
economic recovery, while a surge in shares of engineer IMI
helped the mid-cap index outperform its blue-chip counterpart.

The FTSE-100 added 0.4%, helped by gains in mining
stocks as copper prices hit their highest in over
10 years and prices of other metals also rose.

Glencore shares jumped more than 3% as an
Australian state planning commission approved an extension to
the company's Mangoola coal mine in the Upper Hunter Valley of
New South Wales.

Economy-linked financial stocks added about
1.5%, while travel and leisure shares climbed
more than 1% after a top European Union official said on Sunday
that vaccinated Americans should be able to travel to Europe by
summer.

"Travel stocks soared higher during the London session today
as hopes lifted that a big rescue could now be on the cards for
the summer season, with the introduction of vaccine passports,"
said Susannah Streeter, senior investment and markets analyst at
Hargreaves Lansdown.

The domestically focussed mid-cap FTSE 250 index
added 0.92%, nearing a record high. Engineering firm IMI
jumped 11% to a seven year high after it raised its annual
profit outlook.

World stocks also ticked higher, with U.S. stocks advancing
ahead of earnings from U.S. tech heavyweights this week. Focus
is also on results from big UK banks in the coming days.

The FTSE-100 has gained 7.8% year-to-date as encouraging
economic data on the back of speedy COVID-19 vaccinations and
constant policy support from the government lifted optimism
about a stronger economic recovery.

Goldman Sachs expects the UK economy to grow by a "striking"
7.8% this year, more than the United States, following a nearly
10% slump last year as Britain was hit by longer coronavirus
lockdowns than many of its peers.

Rolls Royce jumped 6% to the top of the FTSE-100
index after it said on Friday it was in constructive talks with
Spain over the sale of its Spanish unit ITP Aero.

Global education group Pearson rose 2.7% after
posting a 5% increase in underlying revenue growth in the first
quarter, helped by strong demand for online learning courses.
(Reporting by Devik Jain and Medha Singh in Bengaluru; Editing
by Uttaresh.V and Mark Potter)

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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>

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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.

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2 Apr 2024 16:57

LONDON MARKET CLOSE: Europe down after Easter holiday weekend

(Alliance News) - The FTSE 100 took a hit on Tuesday, after a boost from London's miners and oil firms were not enough to lift the index.

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2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

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22 Mar 2024 06:49

IN BRIEF: Glencore Non-Executive Director Peter Coates to retire

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20 Mar 2024 09:54

Glencore "on track" to meet new Climate Action Transition Plan targets

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15 Mar 2024 12:11

LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost

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