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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: 467.70
Bid: 468.00
Ask: 468.20
Change: -5.75 (-1.21%)
Spread: 0.20 (0.043%)
Open: 473.45
High: 474.60
Low: 467.35
Prev. Close: 473.45
GLEN Live PriceLast checked at -

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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)

More News
13 Mar 2024 17:05

REPEAT: LONDON MARKET CLOSE: FTSE 100 in green as UK economy rebounds

(Correcting error in article lede.)

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13 Mar 2024 16:54

LONDON MARKET CLOSE: FTSE 100 in green as UK economy rebounds

(Alliance News) - can you change lede to: European stocks closed mostly higher on Wednesday, with the FTSE 100 driven higher by hopes that the UK recession is already over.

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13 Mar 2024 15:00

London close: Stocks mixed as UK economy returns to growth

(Sharecast News) - London markets finished with a mixed performance on Wednesday, following a surge on Tuesday, with investors buoyed by news of the UK economy's return to growth in January.

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13 Mar 2024 09:25

LONDON BROKER RATINGS: JPMorgan raises Flutter and cuts Entain

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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11 Mar 2024 14:48

London close: Stocks mixed as investors look to US inflation data

(Sharecast News) - London markets closed in a mixed state on Monday, reflecting a broader trend of cautious trading after a primarily weaker session in Asian markets overnight.

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11 Mar 2024 08:48

LONDON MARKET OPEN: European stocks lower ahead of US inflation data

(Alliance News) - Stock prices in London opened a touch lower on Monday, with miners in the red despite some promising inflation data out of China, as eyes turn to Tuesday's consumer price index reading from the US.

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LONDON BROKER RATINGS: ITV, LondonMetric, Man, Domino's get upgrades

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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27 Feb 2024 09:23

LONDON BROKER RATINGS: Barclays raises Flutter to 'overweight'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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23 Feb 2024 09:19

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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22 Feb 2024 09:49

LONDON BROKER RATINGS: Berenberg raises Moneysupermarket.com to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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21 Feb 2024 15:01

London close: Stocks mixed ahead of Fed minutes, Nvidia results

(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.

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21 Feb 2024 08:45

TOP NEWS: Glencore cuts dividend as profit slips amid metal price fall

(Alliance News) - Glencore PLC on Wednesday reported a hefty fall in profit, and cut its dividend, as markets "normalised", and commodity prices fell.

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21 Feb 2024 08:40

LONDON MARKET OPEN: HSBC and Glencore drag FTSE 100 into the red

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 index weighed down by weak earnings from HSBC and Glencore - among its largest constituents by market cap.

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21 Feb 2024 07:52

CORRECT: Glencore profit plunges as energy market normalises

(Corrects UK public sector net borrowing figure to billion from million.)

Read more
21 Feb 2024 07:49

Glencore shares drop as profits sink 50%

(Sharecast News) - Shares in Glencore dropped sharply on Wednesday after the mining and commodities trader reported a halving of annual profits for 2023.

Read more

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