| Mining shares hit six-year lows, with Glencore falling to its lowest-ever price of 150.5p, down 1.4% on the day and having lost nearly half its value in the space of just over three months. 'Fresh from the sale of more Xstrata assets last week, Glencore shares were leading declines in the weak mining sector ahead of reporting quarterly earnings on Wednesday,' said Jasper Lawler, market analyst at CMC Markets UK.
'Shares have been cut in half in just three months but it's hard to see a bottom while commodity prices keep falling. However, with expectations this low leading into earnings, there's a chance Glencore shares could see a pop after it reports.'..............................................Full Article: Source
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