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SHE:002466 News 12 January 2026

Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

Lithium prices in China jumped to a two-year high after Beijing cut export VAT rebates on batteries, sending the main futures contract up 9% to 156,060 yuan per ton. SQM rose 0.5% in U.S. premarket trading, while Albemarle gained and Lithium Americas fell. Chinese battery makers dropped, but upstream lithium producers advanced. SQM finalized a framework deal with Codelco, pending a Supreme Court ruling.

Stock Market Today

Reliance Industries share price in focus after Australia consumer deal ahead of Monday trade

Reliance Industries share price in focus after Australia consumer deal ahead of Monday trade

7 February 2026
BENGALURU, Feb 8, 2026, 03:20 IST — Market closed. Reliance Industries (RELI.NS) shares closed up 0.5% on Friday at 1,450.80 rupees, after moving between 1,433.50 and 1,452.80. With Indian markets shut for the weekend, the next test is Monday’s open, after the group flagged a new overseas consumer push. (Yahoo Finance) Reliance is a heavyweight in India’s benchmarks, and traders often treat it as a read-through on everything from fuel margins to consumer demand. Any fresh deal tends to draw attention because it can alter the story on how the company balances old cash engines with newer growth bets. The
SAP stock price: Treasury stake tops 5% as buyback focus builds into next week

SAP stock price: Treasury stake tops 5% as buyback focus builds into next week

7 February 2026
SAP SE closed at 171.22 euros on Xetra Friday, up 0.43%, after disclosing its treasury shares rose above 5% of capital, reaching 61,737,035 shares. The increase follows the launch of a buyback plan worth up to 2.6 billion euros through July 2026. SAP’s U.S. shares finished at $203.34. Investors await SAP’s Integrated Report on Feb. 26 and next results on April 23.
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