Glencore shares jump amid reports firm is open to offers

Discussion in 'Market News' started by Lily, Oct 7, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Embattled commodity trader and miner told to issue statement in Hong Kong after extraordinary 70% surge in share price

    Glencore shares rose sharply in London after a report said the embattled commodities trader and miner would listen to offers for the company.

    The shares jumped by as much as 20% and were up more than 9% at 104p when the market settled. The rise followed a surge of more than 70% by the company’s shares traded on the Hong Kong stock exchange.

    Related: Glencore shares surge on sale talks - business live

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