Trends - Glencore - Business Recorder

Glencore

London’s FTSE 100 falls as GSK warns on vaccine sales; UK budget in focus

The UK’s benchmark FTSE 100 index fell on Wednesday, dragged by healthcare shares after GSK warned of lower annual...

Published 30 Oct, 2024 02:47pm

Markets

Glencore posts lower metals output for first nine months, reiterates guidance

LONDON: Glencore on Wednesday reported lower copper, cobalt, zinc, nickel and thermal coal production for the first...

Published 30 Oct, 2024 01:21pm

Markets

Australia’s Santos and TotalEnergies sign LNG deal

SINGAPORE: Australian gas supplier Santos said on Wednesday that it has signed a mid-term liquefied natural gas...

Published 02 Oct, 2024 11:11am

Markets

Glencore to supply crude to UK’s Lindsey oil refinery

LONDON: Global commodities trader Glencore has won a tender to supply crude oil to Prax’s 113,000-barrel per day...

Published 11 Jun, 2024 03:17am

Markets

FTSE 100 extends slide as inflation climbs, China data weighs

The UK’s FTSE 100 extended its early-week selloff on Wednesday after a stronger-than-expected inflation reading...

Published 17 Jan, 2024 01:44pm

Business & Finance

Glencore takes majority stake in Canadian coal business

ZURICH: Swiss commodities giant Glencore will acquire a majority stake in the steelmaking coal business of Canadian...

Published 15 Nov, 2023 06:09am

Markets

Glencore to fund Koniambo nickel operations until end-February

Glencore Plc said on Wednesday it will provide funding for operations at the Koniambo nickel mine in New Caledonia...

Published 27 Sep, 2023 05:44pm

World

Over 1,600 high-emitting firms directed to disclose data

LONDON: More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the...

Published 01 Jun, 2023 03:34am

Markets

Glencore deposits more Russian aluminium on LME system

LONDON: Commodity trader Glencore has deposited more than 100,000 tonnes of aluminium in London Metal Exchange...

Published 31 Mar, 2023 06:45am

Markets

Glencore profits soar on high oil, coal prices

ZURICH: Mining and commodities trading group Glencore posted on Thursday a ninefold increase in profit in a first...

Published 04 Aug, 2022 02:28pm

Markets

Glencore sells stake in Russia's Russneft to cap 20-year partnership

MOSCOW/LONDON: Glencore has sold out of Russneft, capping two decades of investments which saw the Swiss commodities...

Published 15 Feb, 2022 01:45pm

Markets

Commodity, bank stocks lead FTSE 100 higher; Playtech drops

LONDON: London’s FTSE 100 rose on Wednesday with heavyweight mining, energy and banking shares leading gains ...

Published 27 Jan, 2022 04:05am

Markets

Miners drag FTSE 100 lower with BHP set to exit index

London's FTSE 100 fell on Friday, pulled down by heavyweight mining stocks with BHP Group being among the top losers...

Published 21 Jan, 2022 03:32pm

Markets

FTSE 100 flat as rate hike risks counter mining gains; Bellway jumps

London's FTSE 100 was subdued on Tuesday, as gains in retail and mining stocks were offset by rate-hike risks, while...

Published 19 Oct, 2021 12:29pm

World

Glencore opens talks with Chad over debt restructuring

LONDON: Glencore and a consortium of banks have started talks with Chad over the restructuring of the country's more...

Published 17 Oct, 2021 04:41am

Markets

FTSE 100 gains

LONDON: London’s FTSE 100 gained on Monday after recording its worst week since February, as heavyweight energy ...

Published 24 Aug, 2021 05:02am

Markets

FTSE 100 gains as commodity-linked stocks jump

The blue-chip FTSE 100 rose 0.7% with BP, Royal Dutch Shell, Glencore and Anglo American among the top boosts

Published 23 Aug, 2021 01:25pm

Markets

Energy, mining stocks drag FTSE 100 lower

LONDON: London’s FTSE 100 fell on Monday, dragged down by heavyweight energy and mining stocks as concerns about...

Published 10 Aug, 2021 04:39am

Markets

FTSE 100 gains as miners jump; Vodafone top boost

The blue-chip index gained 0.6%, with miners Rio Tinto, Anglo American, Glencore and BHP Group being among the top boosts

Published 23 Jul, 2021 01:37pm

Markets

HSFO cash premiums dip on lower demand

SINGAPORE: Cash premiums for Asia’s high-sulphur fuel oil (HSFO) dipped on Tuesday, ending a recent surge in cash...

Published 07 Jul, 2021 04:28am

Markets

Copper eases as Glencore plans to restart Mutanda mine in 2022

The move could potentially cap further gains in the metal, which hit a record high last week.

Published 19 May, 2021 11:58am

Business & Finance

Glencore to restart operations at Mutanda copper, cobalt mine in 2022

Process of recruiting for Mutanda ongoing.
Mutanda output could ease shortages in copper, cobalt market.

Published 18 May, 2021 08:29pm

Markets

Glencore keeps full-year production guidance unchanged

Its copper production stood at 301,200 tonnes in the first quarter, but zinc fell 13,000 tonnes year-on-year to 282,600 tonnes and nickel was down 11% at 25,200 tonnes.

Published 29 Apr, 2021 12:14pm

Business & Finance

Teck signs zinc benchmark deals at $159/t with Glencore, Korea Zinc

Treatment charges (TCs) fall when mine output decreases and smelters compete to get concentrate to process.
Fastmarkets reported that the deals, which are 46% lower than the near $300 a tonne set last year, were concluded last week and will be for supply from Teck's Red Dog mine in Arizona.

Published 07 Apr, 2021 08:13pm

Markets

UK shares turn negative as banks, miners drag

The domestically focused mid-cap FTSE 250 index slipped 0.1%, dragged down by industrials stocks.

Published 29 Mar, 2021 02:25pm

Business & Finance

Canada's First Cobalt to issue shares to Glencore to repay $5.5mn debt

First Cobalt will issue 23.8 million common shares to Glencore AG at $0.29 per share, representing about 4.8% of the company's current outstanding shares.
In 2019, First Cobalt entered into a loan agreement with the miner and commodity trader to fund engineering studies, metallurgical testwork and permitting activities for an expansion of the company's refinery in Ontario, Canada.

Published 26 Mar, 2021 05:32pm

Business & Finance

Glencore chairman to step down before next year's AGM

Hayward, 63, said the board had recommended to shareholders that he remain in the role while the senior management succession is concluded.
He was appointed as chairman in 2013 and the UK corporate governance code limits his tenure to nine years.

Published 11 Mar, 2021 07:25pm

Markets

Asia Naphtha, Gasoline cracks ease, tight fuel supply outlook supports

SINGAPORE: Asia’s naphtha and gasoline cracks eased on Tuesday but hovered near multi-month highs, supported by...

Published 03 Mar, 2021 05:49am

Markets

European shares hover near one-year highs

MILAN/FRANKFURT: European shares hovered near one-year highs on Tuesday as investors bet a bumper US stimulus ...

Published 17 Feb, 2021 04:24am

Business & Finance

Glencore reinstates dividend ahead of Glasenberg exit

Glencore proposes $1.6 bln total payout.
Adjusted core profit beats expectations.
Trading arm posts stellar performance.
Shares rise 3.5%.

Published 16 Feb, 2021 05:41pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Glencore

Most Popular