Sasol shares are trading higher after the company announced that the court ruled in favor of the company and TotalEnergies Marketing. Also, it was awarded R3.89B in damages and approximately R2.3B in interest.
Portfolio Pulse from Benzinga Newsdesk
Sasol shares are trading higher after a court ruled in favor of the company and TotalEnergies Marketing, awarding R3.89B in damages and approximately R2.3B in interest.
June 20, 2024 | 2:32 pm
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POSITIVE IMPACT
Sasol shares are trading higher following a favorable court ruling that awarded the company R3.89B in damages and R2.3B in interest.
The court ruling in favor of Sasol and the significant financial award are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100