Previous close | 5.53 |
Open | 5.49 |
Bid | 5.50 x 2000000 |
Ask | 5.53 x 2000000 |
Day's range | 5.49 - 5.58 |
52-week range | 4.28 - 5.71 |
Volume | |
Avg. volume | 55,218 |
Market cap | 67.34B |
Beta (5Y monthly) | 1.32 |
PE ratio (TTM) | 17.28 |
EPS (TTM) | 0.32 |
Earnings date | N/A |
Forward dividend & yield | 0.12 (2.17%) |
Ex-dividend date | 02 May 2024 |
1y target est | N/A |
(Bloomberg) -- The world’s two biggest metals traders are moving to withdraw large volumes of aluminum from the London Metal Exchange in a complex trade made possible by new UK sanctions on Russian metal, raising questions about unintended consequences from the new rules.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits City‘Mag Seven’ Get Crushed Before Next Week’s Results: Market
Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three sources familiar with the matter said. The LME has banned from its system Russian aluminium, copper and nickel produced from April 13 to comply with new U.S. and UK sanctions imposed over Russia's invasion of Ukraine. The distinction creates a trading opportunity for companies such as Glencore, which has a multi-year contract with Russia's Rusal, the world's largest aluminium producer outside China.
Jon Smith runs through several reasons for the fall in the stock market today, with examples of stock that are underperforming. The post Why the stock market is down 1.4% today appeared first on The Motley Fool UK.