Glencore, the world's largest diversified commodities trader had debuted its shares in London and Hong Kong this week while market analysts and investors are hovering to see if it will be a winning stock in a scenario where the market is experiencing a boom in demand for commodities like iron ore and coal, driven largely by Chinese demand.

On Tuesday, the shares in Glencore International Plc faced a hike, soon after the U. K. index-tracking funds acquired the stock, during its first day of unconditional dealing. However, the shares were observed below the last week's issue price of 530-pence. Last week, it has raised $10 billion though a deal that granted a starting market capitalization of around $59 billion to the commodity giant.

Nik Stanojevic of Brewin Dolphin confirmed that the company shares climbed 1.75% recently at 523 pence and closed at 514 pence on Monday. Further, he noted a loss of 1.4% in the U. K. mining sector, since May 19 when the Glencore started the unconditional trading and said the shares must be valued at a discount.

"Given what we know today, [Glencore's initial IPO pricing of 530 pence] looks a bit rich because no discount was given based on what we know about the mining side and the trading side”, added Mr. Stanojevic.