5th Oct 2015 06:58
LONDON (Alliance News) - Multi-commodities miner and trading house Glencore PLC on Monday released a statement noting the higher share price and increased volumes in its Hong Kong-listed shares, saying it knows of no reason for the movement.
"Having made such enquiry with respect to the company as is reasonable in the circumstances, the board confirms that it is not aware of any reasons for these price and volume movements," Glencore said in a short statement.
Glencore added it did not uncover any "information which must be announced to avoid a false market in the company's securities or of any inside information that needs to be disclosed" under Hong Kong laws.
Just before the London open, shares in Glencore in Hong Kong were up 31%.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Glencore