The FTSE 100 is on its biggest bull-run since 2011 - and it's all thanks to Glencore
The FTSE 100 is marginally higher on Tuesday afternoon, but the gain is enough to put the stock market on track for its biggest 5-day gain since 2011.
The FTSE 100 is up 0.46% to 6,328 at 3.25 p.m. BST (10.25 a.m. ET), it's fifth day of gains.
Investing.com
Bloomberg is reporting that today's performance means the biggest 5-day gain in four years for the UK's main stock index. Monday's close already signalled the stock market's longest winning streak since July.
The bounce is pretty much all down to Glencore. Shares in the commodities trading and mining giant collapsed 29% on Monday last week, but the company has staged a spectacular rebound since.
That's sparked a wider rally in mining shares, one of the biggest constituents on the FTSE 100. Glencore is up 1.67% on Tuesday.
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