Santos Rises as Oil Swings Lift Focus on ASX Energy Names
Santos Limited finished the session at A$8.07, up 16 cents or 2.02%. Shares traded close to their 52-week high of A$8.24. According to Google Finance, Santos opened at A$7.99, reached A$8.13 during the session, and traded 10.78 million shares. The energy producer's market cap stood at about A$26.21 billion. Australian shares slipped with the S&P/ASX 200 down 20.10 points, or 0.23%, at 8,633.20. The All Ordinaries lost 0.23% to finish at 8,836.70. Energy names like Santos, Woodside and Ampol bucked the move, with oil prices still the sector’s main focus, traders said.