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Glencore

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

Markets

Glencore losses deepen on massive write-offs

The trading arm of the company saw operating profit soar 41 percent to $3.3 billion, reflecting the huge volatility of metal and oil prices.

Published 16 Feb, 2021 02:37pm

Markets

Upbeat earnings lift FTSE 100

LONDON: Positive corporate earnings lifted the FTSE 100 on Wednesday, outweighing concerns about the economic impact...

Published 11 Feb, 2021 04:34am

Business & Finance

Glencore hands back Prodeco's mining contracts to Colombia

Glencore said Prodeco has re-commenced the voluntary redundancy programme and its mines will remain on care and maintenance until the formal process of relinquishing the contracts is completed.

Published 04 Feb, 2021 08:48pm

Markets

UK stocks gain on faster recovery hopes; Vodafone jumps

LONDON: British shares rose for a third straight session on Wednesday, as investors hoped for a faster economic...

Published 04 Feb, 2021 04:13am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 2	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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