Glencore debuts… [updated] | FT Alphaville

Glencore debuts… [updated]

Up 3 per cent from the IPO price of 530p at pixel time and trading on a conditional basis — chart via Reuters:

Apparently they’re hoping for a 5-10 per cent rise on the first day…

Update — Aargh. As a reader points out, Glencore isn’t listed on the FTSE indices until next Tuesday. It ain’t crashing into the fabulous Footsie just yet.