Glencore share price drops 2.5% as copper cools and takeover filings stack up ahead of Monday
Glencore shares fell 2.53% to 478.60p Friday as copper prices dropped and demand signals from China weakened. New UK filings showed Harris Associates holding 1.13% and BlackRock at 7.14%. Investors are watching copper prices and Rio Tinto’s potential bid ahead of the Feb. 5 takeover deadline.