Glencore PLC (GLNCY)

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Glencore PLC Profile

Glencore plc is an Anglo-Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland, its oil and gas head office in London and its registered office in Saint Helier, Jersey. Glencore has been transforming the global commodities industry for nearly half a century and it has a good financial position. The Glencore share price has risen about 125% and comfortably outperformed the broader FTSE 100 index, which rose about 25% in the same period. Large fund investments will play a major role in the share performance the next year.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in UK Time
Fri
08:00-16:30
Mon
08:00-16:30
Tue
08:00-16:30
Wed
08:00-16:30
Thu
08:00-16:30
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 11590

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