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Benzinga

Business

Henry Khederian

RARE PHOTOS: Why shell stock is rising | Vintage Vibes

Shell SHEL China Economic Stimulus

Shell PLC (NYSE:SHEL) stock is trading higher by 3.1% to $65.21 during Monday’s session due to optimism surrounding China’s economic stimulus plans, which could boost energy demand and industrial activity.

What To Know: Ahead of China's annual Central Economic Work Conference, U.S.-listed stocks with strong ties to China's economy have seen rising investor confidence. Shell's diverse global energy portfolio, which spans traditional oil and gas as well as renewables, is well-positioned to capitalize on this positive momentum.

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