Shares of power producers rose, as traders continued to snap up shares in the defensive sector, in light of volatility elsewhere in global markets.
Billionaire climate-change conscious investor Mike Cannon-Brookes would likely walk away from a major investment in Australian utility AGL Energy if he is unsuccessful in corralling a shareholder vote against a demerger of coal plants from its retail operations.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-20-22 1718ET
