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 / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

Markets →

Budget 2024-25: income tax calculator for FY25

Glencore

Most Popular