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Glencore shares gain a fourth day in longest run since July
[LONDON] Glencore shares rose for a fourth day in London, its longest run of gains since July.
The shares rose as much as 4.5 per cent to a two-week high and were up 3.4 per cent at 121.8 pence (S$2.63) by 8:02 am local time.
To ease investor concerns about its finances, the company on Tuesday released a documentthat explained financing arrangements, such as sources of funding, the terms of debt facilities and the impact of a credit-rating downgrade.