Business
ASX up 1.7%; Treasury Wines jumps 8% at open – The Sydney Morning Herald
The S&P/ASX200 was last up 1.6% to more than 6800 points. All sectors are higher with materials, consumer staples and discretionary, and information technology…
The materials sector is higher this morning, up 2.6 per cent, and energy is up 1.5 per cent compared to an overall rise of 1.8 per cent on the ASX 200. Big oil producers or services companies are stronger as the oil price gained over the weekend. Worley is up 3.6 per cent to $10.93, Oil Search is up 2.7 per cent to $4.54 and Woodside is up 2.2 per cent to $26.05.
However, Santos is down 1.6 per cent to $7.64 after Chinese energy company ENN Group sold about 107 million shares in the company at $7.33…
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