BUZZ-Aussie lithium stocks soar as EV stocks rally on Tesla's key China win
Piedmont Lithium Limited PLL | 8.77 | -4.36% |
Dow Jones Industrial Average DJI | 42657.86 | -0.78% |
Tesla Motors, Inc. TSLA | 424.80 | -1.59% |
S&P 500 index SPX | 5922.84 | -0.80% |
Altus Midstream Company - Class A Common Stock ALTM | 5.16 | +0.49% |
** Australian lithium stocks soar after Tesla TSLA.O scores key wins for self-driving cars in China
** Local lithium stocks track rally in the shares of their U.S.-listed peers
** ASX-listed shares of Arcadium Lithium LTM.AX rise as much as 11.6% to A$6.920, marking their biggest intraday pct gain ever
** LTM, made from the combination of Allkem and Livent Corp, trading at its highest level since March 22; top gainer in the ASX 200 benchmark .AXJO
** Pilbara Minerals PLS.AX up as much as 6.1% to mark its best day in two months
** ASX-listed shares of Piedmont Lithium PLL.AX soar up to 10.8% to A$0.205
** Four out of top 10 movers in the ASX 200 benchmark are lithium miners
(Reporting by Sameer Manekar in Bengaluru)
((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))
