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Glencore Drops 2.5% After Broker Downgrade and Copper Pullback

LONDON, June 18, 2026, 10:11 BST Glencore shares dropped roughly 2.5% at the open in London on Thursday after a new broker downgrade and as copper prices slipped. The stock changed hands near 568.7 pence, down from Wednesday’s finish at 583.2 pence. (Trading Economics) Glencore shares have dropped about 20% from their 52-week high of 707.2 pence set on June 3, giving back some of the rally that almost doubled the stock over the last year. Now investors are weighing how much of Glencore’s copper outlook is baked into the price. (StockAnalysis) Anglo American and Antofagasta both sank over 3%,

The post Glencore Drops 2.5% After Broker Downgrade and Copper Pullback appeared first on India Stocks Daily.

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