Glencore PLC

2 months ago | futures.tradingcharts.com | Pierre Bertrand |Glencore PLC

Jan 30, 2025 (The Australian - ABIX via COMTEX) --Switzerland-based commodity trader and mining company Glencore has released its production figures for calendar 2024, ahead of announcing ts full-year results in mid-February. Glencore advised that coal production increased by five per cent year-on-year, to 119.5 million tonnes; however, copper production was six per cent lower at 952,000 tonnes and zinc output fell by one per cent to 905,000 tonnes.

Aug 21, 2024 | ajbell.co.uk | Glencore PLC

“The mining sector was a rare bright spot on the FTSE 100 on Wednesday as names including Rio Tinto and Glencore pushed higher amid stronger metal prices,” says Dan Coatsworth, Investment Analyst at AJ Bell. “Just days after iron ore prices hit their lowest level in two years, the metal staged a small recovery amid hopes that stimulus measures in China could help to avoid a major slump in demand for the metal. “Iron ore is a key component in steelmaking and is used in property construction.

Jul 31, 2024 | ajbell.co.uk | HSBC Holdings PLC |GSK Plc |Shell plc |Glencore PLC

“Commodities came to the rescue, driving strong gains for the FTSE 100 and helping the UK stock market to buck the sell-off that gripped Wall Street yesterday,” says Russ Mould, Investment Director at AJ Bell. “A 1.2% gain from the FTSE 100 was driven by Shell, BP and Glencore following a bounce in the oil price. Brent Crude jumped 2% to $79.61 per barrel, rebounding after declining for five days straight.

Jul 5, 2024 | ajbell.co.uk | Glencore PLC

“The general election has resulted in a significant political shift for the UK and investors appear to welcome the changing of the guard, judging by how the more domestically focused FTSE 250 got off to a very strong start,” says Dan Coatsworth, Investment Analyst at AJ Bell. “There is always a sense of nervousness ahead of markets opening the day after a general election, but we only get extreme volatility when investors are caught by surprise.

Feb 29, 2024 | ajbell.co.uk | Ocado PLC |Glencore PLC |Spencer PLC

“The FTSE 100 ticked higher on Thursday morning after moderate weakness in the US overnight and mixed trading in Asia,” says AJ Bell Investment Director Russ Mould. “Several stocks, including Barclays, were lower as they traded ex-dividend, but strength in Glencore as the Chinese market continued to rebound, as well as other names with links to the world’s second largest economy, helped give the UK’s flagship index a lift.