Market overview: Citi reiterates buy on Glencore
1034: Analysts at Citi have reiterated their 'buy' recommendation on shares of Glencore and upped their target price to 160p.
Anglo American
2,277.50p
15:45 15/11/24
1.49%
33.50p
FTSE 100
8,060.61
15:45 15/11/24
n/a
n/a
FTSE 350
4,453.56
15:45 15/11/24
n/a
n/a
FTSE All-Share
4,411.85
15:45 15/11/24
n/a
n/a
Glencore
378.00p
15:45 15/11/24
0.88%
3.30p
Mining
10,633.77
15:45 15/11/24
1.51%
158.40
0905: Stocks have started the first of two holiday weeks higher, led by gains in miners and commodity-related stocks such as Anglo American and Glencore. Acting as a backdrop, oil futures have begun the morning with renewed weakness, sliding 1.12% to $36.47 per barrel on the ICE. The euro is little changed at 1.0860. Spanish ten-year bond yields are up by 12 basis points to 1.81% following the inconclusive result of Sunday´s national elections. European equities however seem to be brushing off the political impasse in the Mediterranean nation. FTSE 100 up 51.14 points to 6,103.47.