Anglo American Rallies 6%, Trades on Thin Volume
Anglo American plc bounced 5.83% to 3,578p in London on Thursday, recovering some ground after a sharp midweek drop. Trading volume stayed orderly. Davy put the quote at 17:08 BST, about 20 minutes delayed, after the London Stock Exchange session closed at 16:30. This matters because Anglo’s stock isn’t just about metals trading. It’s also the currency for its planned deal with Teck Resources Ltd. Every move in Anglo’s share price changes the value of that all-share offer. Teck said one Teck share will swap for 1.3301 Anglo shares under the deal.