Sasol Ltd. (SSL) shares are experiencing a significant uptick today, driven by a notable increase in institutional interest. Barclays PLC has substantially increased its stake in Sasol by 255.9% during the third quarter, as disclosed in a recent filing. This move by a major institutional investor has likely boosted market confidence in the stock, contributing to its upward momentum. Additionally, other institutional investors have also increased their holdings in Sasol, further indicating a positive sentiment towards the company.
Sasol's stock is currently trading at $5.03, marking a 13.80% increase from its previous close of $4.42. The stock opened at $5.01 and has seen a slight increase of 0.3% from the opening price.