Glencore CDIS start Australia trading at A$11.44
Glencore CDIS start Australia trading at A$11.44 MELBOURNE, Oct 14 (Reuters) - Glencore GLEN.L, GLC.AX shares began trading on Wednesday on the Australian Securities Exchange as the miner and trader hopes to secure a better valuation from Australia's mining-friendly investors who seek greater copper exposure.
Glencore CHESS Depository Interest opened trading at A$11.44 ($7.99).
On Tuesday, Glencore closed at 582.90 pence ($7.72) on the London Stock Exchange.
($1=$1.0000)
($1=1.4325 Australian dollars)
(Reporting by Melanie Burton and Byron Kaye; Editing by Clarence Fernandez)
((melanie.burton@thomsonreuters.com Twitter: @MelanieMetals; +613 9286 1421; Reuters Messaging: melanie.burton.thomsonreuters.com@reuters.net))
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