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Energy stocks

China, rates front and centre

The benchmark S&P/ASX 200 (INDEXASX: XJO) index fell 21.7 points, or 0.3 per cent, to 7393.1, with five of the 11 sub-sectors retreating. The broader All Ordinaries (INDEXASX: XAO) shed 24.6 points, also 0.3 per cent, to 7,622.

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Uranium gives the S&P/ASX 200 (INDEXASX:XJO) a glow

Weaker iron ore prices saw BHP Group Ltd (ASX: BHP) shed 53 cents, or 1.1 per cent, to $47.18, while Rio Tinto Ltd (ASX: RIO) lost 83 cents, or 0.6 per cent, to $128.32, and Fortescue Ltd (ASX: FMG) eased 13 cents, or 0.5 per cent, to $27.24.

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Carnarvon Energy Ltd (ASX:CVN) share price in focus

The share price of Carnarvon Energy Ltd (ASX: CVN) saw a ~50% uptick throughout the final quarter of CY2023, driven by two key announcements to the Australian Stock Exchange on the 12th and 18th of December concerning Board and Management renewal.

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China, rates front and centre

The benchmark S&P/ASX 200 (INDEXASX: XJO) index fell 21.7 points, or 0.3 per cent, to 7393.1, with five of the 11 sub-sectors retreating. The broader All Ordinaries (INDEXASX: XAO) shed 24.6 points, also 0.3 per cent, to 7,622.

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