AAL shares climb in London as copper merger talk drives rally
Anglo American plc shares jumped in London Friday, carrying forward a two-day bounce. Investors picked up the FTSE 100 miner as it pushes on with copper restructuring. Shares traded at 3,960.00 GBX at 10:03 a.m., up 156.00p or 4.10%, after swinging between 3,890.00p and 4,000.18p, Davy’s LSE data showed. Anglo American rose 2.48% to £38.04 on Thursday, outpacing the FTSE 100, which added 0.48% for the day. MarketWatch reported the stock is still trading 10.26% under its 52-week peak of £42.39 set on June 2, with volume at 2.4 million shares, below the stock's 50-day average.