Monthly Archives - April 2021

Red dominates most sectors: Aus shares trading 0.6% lower

30 Apr 2021 - The ASX200 dipped at the open and retreated from yesterday’s post-pandemic high. Red was the dominant colour across most sectors, as miners, bankers, medical developers and energy players were the biggest drags on the market at lunchtime. Utilities & industrials were the only two sectors bucking the trend.


Santos downgrades stake in Timor Sea and Darwin assets for $500m

30 Apr 2021 - Australia’s second largest oil and gas producer Santos (ASX:STO) has successfully snapped up $501 million fly offloading 25 per cent stake in BayuUndan and Darwin LNG. Under the agreement, South Korean energy giant SK Group will own a 25 per cent interest in assets at the gas field in the Timor Sea and the liquefaction plant in the Northern Territory.