Why Shell (LON:SHEL) Stock Is Beating the FTSE: A $5.8 Billion Sale Run Reframes the ARC Deal Math
Shell Plc rose 1.7% to 3,160.5 pence by 10:01 BST on Tuesday, outpacing a 0.7% fall in the FTSE 100 after the company agreed to sell its Indian renewables business and crude prices climbed. Brent gained 2.6% to about $85 a barrel as renewed U.S.-Iran tensions lifted European energy stocks.