Australia's Elders falls to over 2-yr low on flagging fuel price risks

Elders

18/05/2026 02:09

** Shares of Elders ELD.AX fall 21.3% to A$5.68, their lowest level since October 2023

** Agribusiness firm says elevated diesel prices remain a risk to the company's cost base in the second half

** Co posts 17% rise in HY statutory profit after tax

** Shares on track for worst day since April 2024 if moves hold

** About 2.3 million shares change hands, 4x the 30-day average of 575,584

** Stock down 16.3% YTD, including moves in the current session

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com;))