Glencore's Chaotic Week of Stock Volatility Set to End in Calm
- Singapore, Mitsui said to be interested in agriculture unit
- Stock had slumped to lowest ever on concerns about debt load
The Week Investors Feared A Lehman Déjà Vu
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Glencore Plc shares took a breather after whipsaw swings this week that sent volatility to the highest on record.
The commodity miner and trader advanced 3.2 percent to 93.91 pence by 1:21 p.m. in London, paring this week’s decline to 3.3 percent. An unprecedented 29 percent plunge on Monday was followed by a two-day surge that recovered much of those losses as analysts said the drop had left shares undervalued.