BUZZ-Australia's Macquarie gains after flagging minimal exposure to US green energy sector

Reuters

2025/02/11

BUZZ-Australia's <a href="https://laohu8.com/S/MQG.AU">Macquarie</a> gains after flagging minimal exposure to US green energy sector

** Shares of Macquarie Group MQG.AX up 1.8% at A$231.91

** Stock rises as much as 2.5% to A$233.510 earlier in the day, posting its biggest intraday pct gain since January 16

** Investment bank said it is minimally exposed to the U.S. green energy sector, which has been up-ended by executive orders from President Donald Trump

** Investors were concerned about the bank's exposure to renewable energy investments

** Co was referring to its two main green energy funds

** Bank reported a flat third-quarter profit

** Macquarie shares rose 20.7% in 2024

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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12:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> gains after flagging minimal exposure to US green energy sector</title></head><body><p>** Shares of Macquarie Group <span>MQG.AX</span> up 1.8% at A$231.91</p><p>** Stock rises as much as 2.5% to A$233.510 earlier in the day, posting its biggest intraday pct gain since January 16</p><p>** Investment bank <span>said</span> it is minimally exposed to the U.S. green energy sector, which has been up-ended by executive orders from President Donald Trump</p><p>** Investors were <span>concerned</span> about the bank's exposure to renewable energy investments</p><p>** Co was referring to its two main green energy funds</p><p>** Bank reported a flat third-quarter profit</p><p>** Macquarie shares rose 20.7% in 2024</p><p> (Reporting by Nichiket Sunil in Bengaluru)</p><p> 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