The shift, driven by reduced domestic gas availability and changing supply dynamics, is likely to impact profitability for these companies, as they will now depend more on higher-cost gas for their PNG (domestic) and CNG (transport) segments. Each firm has filed separate disclosures with the stock exchange outlining the extent of the impact.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting