Reckitt and Kering Jump, Glencore Rises
Episode 4 min 11s

Reckitt and Kering Jump, Glencore Rises

From Stock Movers iHeartPodcasts

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Reckitt shares rise as much as 7%, the most in a year, after sales rose more than expected on strong demand for cleaning and hygiene products in key markets including China and India. 

- Kering shares jumped as much as 10% after Gucci’s sales topped estimates in the second quarter, sparking optimism that a long-awaited turnaround at the luxury good maker’s largest brand is starting to take shape. 

- Glencore shares rise as much as 4% after its trading team made a first-half profit of about $3.3 billion, putting it on course for its best ever year and underlining how commodity traders are cashing in after the Iran war sent energy prices soaring.

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