Stock Movers Glencore Gains, Vistry Responds, Rheinmetall Powers DAX
Dec 30, 2025
Chloe Millet, a Bloomberg reporter with expertise in European markets, dives into the latest market shifts. She discusses Glencore's gains fueled by a robust copper rally, driven by supply chain stress. The Vistry Group struggles as house prices in the South East lag behind the North, impacted by affordability issues and Brexit. Meanwhile, Rheinmetall shines in the DAX, surging 151% thanks to Germany's defense spending plans. Millet also touches on how evolving Ukraine peace talks are influencing defense stocks like Rheinmetall.
AI Snips
Chapters
Transcript
Episode notes
Copper Rally Fueled By Supply Stress
- Copper is entering its longest winning streak since 2017 driven by supply disruptions and strong demand.
- Glencore is benefiting as tight copper markets and traders rushing cargoes into U.S. ports push prices higher.
Demand Meets Disrupted Supply
- Tight copper supply stems from disruptions at major mines and rising industrial demand.
- Demand includes EVs, data centers, smartphones and power grids, making the market structurally strong.
Commuter Town Prices Drag Builders Down
- Lloyds Bank data shows commuter towns around London saw the biggest house-price falls in 2025.
- Weakness in those markets is hurting builders like Vistry despite government planning reforms.