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ASX's fast start slowed by offshore mood AAP 8/03/2021 Steven Deare © Joel Carrett/AAP PHOTOS The ASX closed higher but well down on earlier highs in the session. After surging early, Australia's share market closed with modest gains as changing investor sentiment overseas took a toll on local equities. The S&P/ASX200 benchmark index closed higher 28.8 points, or 0.43 per cent, to 6739.6 on Monday. The All Ordinaries closed higher by 28.6 points, or 0.41 per cent, at 6971.6. Materials was the top sector, up 1.65 per cent. Consumer staples, energy and financials closed hal...

Santos has been advised by ENN Group that it has sold approx. 107.1 million shares representing a 5.14 per cent interest in Santos at $7.33 per share. ENN has advised Santos that it remains fully supportive of Santos’ strategy and future direction and is excited to remain Santos’ largest individual shareholder with a 9.97 per cent stake.

China's ENN Cuts Stake in Santos Australian oil and gas explorer Santos on March 8 said that China's ENN Group has reduced its stake in the company. ENN Group sold approximately 107.1mn shares representing a 5.14% interest in the company at A$7.33 (US$5.65)/share. Despite the sale, the Chinese company remains Santos' largest shareholder with 9.97% ownership. “ENN has advised Santos that it remains fully supportive of Santos' strategy and future direction and is excited to remain Santos' largest individual shareholder,” Santos said. As a result of the reduced shareholding, Santos' 2017 st...

Santos said today that its largest shareholder had sold about one third of its stake worth A$785 million ($603.7 million) in the Australian gas producer.

Santos Ltd said on Monday its largest shareholder had sold about a third of its stake worth A$785 million ($603.7 million) in the Australian gas producer.