PLS Group share price drops nearly 7% as lithium sector pulls back after risk-off jolt
PLS Group Limited shares fell 6.8% to A$4.80 Tuesday, reversing recent gains as investors exited riskier stocks after U.S. and Israeli strikes on Iran sent oil prices higher. Benchmark lithium prices in China dropped 6.7% to 161,000 yuan per tonne. Other Australian lithium miners also slid sharply. The ASX 200 closed down 1.34%.