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Weak debut for Glencore

SWISS-based trader Glencore International has followed up yesterday’s uninspiring debut in London with a poor first day performance on the Hong Kong Stock Exchange following general weakness in global markets over the past two days.

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Weak debut for Glencore

Glencore was trading this afternoon in Hong Kong at $HK65.15, a 2% discount to its offer price of $66.53. According to a Reuters report, Glencore chief executive officer Ivan Glasenberg told reporters...

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