Australian energy stocks slips most in 2 weeks as traders lock in profits
BUZZ-Australian energy stocks slips most in 2 weeks as traders lock in profits ** Australian energy stocks .AXEJ fall as much as 1.5%, their biggest intraday pct loss since September 3
** Shares of major oil producers Santos STO.AX and Woodside Energy WDS.AX fall around 1.8% each
** Profit-taking is emerging given energy has been one of the stronger sectors recently, says Emanuel Ajay Datt, managing director, Datt Group
** The global bond selloff is also hitting every sector including energy given attractive yields, he adds
** YTD, energy sub-index up over 30%
(Reporting by Shruti Agarwal in Bengaluru)
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