Market overview: Glencore jumps on reports of divestments

LONDON (ShareCast) – (ShareCast News) – 0930: The Footsie has slid lower, led by falls in the likes of ARM Holdings(LSE: ARM.L – news) , Ashtead and WPP(Swiss: OXWPP.SW – news) , as investors reacted to the steep drops last Friday on Wall Street. Miners were doing best on the top flight index, with shares in Glencore (Xetra: A1JAGV – news) finding a bid following reports the commodities trading outfit was set to sell future precious metals production from a mine in