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Ofwat warns on South East Water outage as Severn Trent, United Utilities shares fall

Ofwat warns on South East Water outage as Severn Trent, United Utilities shares fall

Around 25,000 homes in Kent and Sussex lost water after a new supply failure at South East Water, prompting Ofwat to flag concern and launch a review. Shares in Severn Trent, United Utilities, and Pennon fell up to 2.6% as scrutiny intensified. South East Water is using tankers and bottled-water stations while restoring pressure, with full service expected by Wednesday. Some homes have faced four days without water.
13 January 2026
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Stock Market Today

  • Alfabs Australia (ASX:AAL) Share Price Steady as Investors Await Catalysts
    June 29, 2026, 1:47 AM EDT. Alfabs Australia Ltd (ASX:AAL) shares held steady at A$0.28 in the latest session amid no new company-specific announcements, reflecting a balanced market environment. The industrial small-cap stock remains under investor watch in the context of broader sector momentum driven by mining and infrastructure investment in Australia. Trading volume, operational updates, and sector sentiment are key factors investors monitor for potential price movement. Alfabs operates across mining, infrastructure, and heavy engineering sectors, linking its performance to resource and infrastructure activity. The company's share price stability suggests investors are awaiting fresh catalysts, such as contract wins or financial results, to reassess growth prospects and valuation in a market sensitive to developments in industrial projects and economic activity.

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