Sasol Ltd

Sasol Ltd’s stock has experienced a significant dip, falling below its 200-day moving average, raising concerns about the company’s stability and future prospects.

Sasol Ltd has resolved a long-standing legal dispute with Transnet, agreeing to a R4.3 billion settlement that is expected to have a positive impact on the company’s financials and stability.

Sasol Limited, a South African chemical and energy company, has made several strategic updates, including a potential listing of its chemical business, a shift in dividend policy, and a commitment to renewable energy, driving a positive market reaction.