Glencore Gains, Vistry Responds, Rheinmetall Powers DAX
On This episode of Stock Movers:
- Glencore gains as copper heads for the longest winning run since 2017 in a December rally powered by the prospect of more stress in the supply chain.
- Vistry Group falls as Lloyds Bank data showed house prices in the South East of England and London fell behind regions in the north. Low affordability, increases in stamp duty and Brexit are among factors that have been blamed for a lackluster housing market over the last few years.
- Arms maker Rheinmetall AG is the best performer on the Dax index this year, with a rally of 151% after Germany’s pledge to spend hundreds of billions on defense and infrastructure.
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