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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