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Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted
Shell's stock edged higher Tuesday, tracking a rally in oil prices driven by Middle East supply concerns. Separately, a New York judge rejected Shell's attempt to overturn an arbitration loss in a dispute with LNG producer Venture Global.
Sunrise Energy Metals shares decline following Syerston project update
Sunrise Energy Metals Ltd shares dropped 3.6% to A$7.69 after publishing an updated feasibility study for its Syerston scandium project, with development capital estimated at US$120 million.
Sunrise Energy Metals Shares Dip on Updated Syerston Scandium Project Study
Sunrise Energy Metals Ltd (ASX:SRL) shares declined following the release of an updated feasibility study for its Syerston scandium project, which outlines a US$120 million capital requirement and a mid-2028 production target.
Rolls-Royce Executes Latest Share Buyback as Market Sentiment Weighs on FTSE
Rolls-Royce acquired 1.09 million shares on Monday under its buyback initiative, with total repurchases now at 2.91 million. The stock remains 5% below its yearly peak as the FTSE 100 declined 1.2%.
Rolls-Royce Executes Share Buyback as Market Focus Shifts to March Investor Meetings
Rolls-Royce acquired 1.09 million shares in a buyback transaction on Monday, bringing its total repurchases to 2.91 million. The stock remains 5% below its yearly peak as the FTSE 100 fell 1.2%.
Woolworths Shares Hold Near Peak Ahead of Dividend Cut-Off Amid Rate Jitters
Woolworths shares closed at A$36.90, near the top of its yearly range, before trading ex-dividend for a A$0.45 interim payout. The ASX 200 fell 1.34% amid rate and oil worries.
Woolworths Shares Hold Near Peak as Dividend Deadline Nears Amid Rate Uncertainty
Woolworths shares closed at A$36.90, near a 52-week high, ahead of trading ex-dividend for a A$0.45 payout. The broader ASX 200 fell 1.34% as rate hike fears and oil price spikes weighed on sentiment.
Westpac Steady at A$41.80 Amid RBA Rate Hike Jitters and GDP Wait
Westpac Banking Corporation shares closed unchanged at A$41.80 following a volatile session for Australian banks. The market steadied after Reserve Bank Governor Michele Bullock signaled a potential interest rate increase at the March meeting.
Westpac Steady at A$41.80 as RBA Hints at March Rate Hike, GDP Data Awaited
Westpac Banking Corporation shares closed unchanged at A$41.80 following RBA commentary that raised the risk of an interest rate increase in March. Market focus now shifts to upcoming GDP figures.
Northern Star Shares Slide Ahead of Ex-Dividend Date Amid Market Rout
Northern Star Resources declined 3.21% to A$30.71 as the broader Australian market retreated. The gold miner's shares will trade ex-dividend on Wednesday for a 25-cent fully franked interim distribution.
Northern Star shares slide ahead of ex-dividend date amid broader market retreat
Northern Star Resources declined 3.21% to A$30.71 as the broader Australian market retreated. Shares will trade ex-dividend Wednesday for a 25-cent fully franked interim distribution.
Santos Rises on Oil Rally, Sets Dividend FX Rates
Santos Ltd. shares advanced alongside a surge in oil prices driven by escalating Middle East tensions. The energy producer also confirmed foreign exchange rates for its upcoming US-dollar dividend payment.