MAY 24·fool.com.au▲
5 things to watch on the ASX 200 on Monday
The ASX 200 rose 0.4% to 8,657 points on Friday, but SPI futures indicate a weaker open on Monday, down 58 points (0.65%). Oil-linked stocks Santos and Woodside are in focus after WTI rose to US$96.60 and Brent to US$103.54, per Bloomberg. Bell Potter rated SGH a buy with a $50.00 target. Gold futures fell 0.45% to US$4,556.4, according to CNBC.
MAY 22·AD HOC NEWS→
Woodside Energy Group Ltd stock (AU000000WDS3): LNG growth meets volatile energy markets
Woodside Energy Group Ltd (AU000000WDS3) remains a key player in global LNG and upstream gas markets, balancing growth in liquefied natural gas with volatile energy prices. The Australian energy major’s strategy includes advancing major LNG projects, optimizing its portfolio, and gradually moving into lower-carbon and new energy initiatives. For US investors, Woodside offers exposure to Asia-Pacific focused LNG markets and diversification beyond North American energy companies.