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- ASX:WES is on an uptrend since last month.
- Wesfarmers recently acquired a stake in ASX:API.
- The Company also held its 2021 AGM.
The share price of ASX listed retailer, Wesfarmers Limited (ASX:WES) is witnessing a subtle upsurge since last month. Shares have gained 8.7% in the last 30 days, i.e., over AU$5 per share. Even today, the stock is trading strong.
What is hyping investor interest in Wesfarmers?
A company’s share price is affected by various reasons, financial results and mergers and acquisitions being a few amongst those. However, WES share price seems to have witnessed a positive investor interest due to a potentially visible growth opportunity in business.
Meanwhile, On ASX today, WES shares are 0.084% up at AU$59.160 per share as of noon AEDT.
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