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Glencore CDIS start Australia trading at A$11.44

By Reuters News12 hours ago Updated

MELBOURNE, Oct 14 (Reuters) - Glencore GLEN.L, shares began trading on Wednesday on the Australian Securities Exchange as the miner and trader hopes to secure a better valuation from Australia's mining-friendly investors who seek greater copper exposure.

Glencore CHESS Depository Interest opened trading at A$11.44 ($7.99).

On Tuesday, Glencore closed at 582.90 pence ($7.72) on the London Stock Exchange.

($1=$1.0000)

($1=1.4325 Australian dollars)

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