Today: 16 July 2026
Browse Category

Stock Market 18 February 2026

Glencore share price rises on $2 billion payout plan as Congo copper deal grabs attention

Glencore share price rises on $2 billion payout plan as Congo copper deal grabs attention

Glencore plc shares rose about 3% to 500.45 pence by 0902 GMT on Wednesday after the Swiss-based miner and commodities trader set out a $2 billion shareholder payout with its 2025 results. Adjusted EBITDA — a measure of operating profit before interest, tax and some one-offs — fell 6% to $13.51 billion, above an analysts’ $13.3 billion consensus, and CEO Gary Nagle said “the underlying momentum in H2 was clear.” It comes weeks after rival Rio Tinto abandoned takeover talks.
Santos (ASX:STO) share price slips after profit miss, 10% job-cut plan; dividend dates loom

Santos (ASX:STO) share price slips after profit miss, 10% job-cut plan; dividend dates loom

Santos Ltd slipped 0.6% to finish at A$6.63 on Wednesday. The producer announced plans to trim its workforce by about 10% and is reviewing its Australian integrated oil and gas assets after missing full-year profit expectations. Barrenjoey’s energy research head Dale Koenders noted the market is assigning “zero value” to Santos’ undeveloped assets.
18 February 2026
Go toTop