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     Latest News: Sasol Ltd. SASOL [SOL], BEE-SASOL [SOLBE1]
     Fri, 24 Oct 2025 Media Comment [TN] 
    Sasol surges on Russian sanctions announcement
    According to the Business Day, South African petrochemical giant saw a rally in its share price, with the stock closing 17.3% higher on Thursday, 23 October 2025. The jump was largely driven by a positive trading update, which coincided with the US governments sanctions imposed on Russia's biggest oil and gas producers.

    These sanctions have a high likelihood of disrupting global oil supply chains, tightening supply and ultimately lead to short-term price momentum.
     
     
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    Closing price data source: JSE Ltd. All other statistics calculated by ProfileData.
       
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