Australian shares are clawing back some losses after losing ground for weeks on the ongoing war in Ukraine.Top performing stocks include Elders and several companies with lithium interestsAt 10:25am AEDT the ASX 200 was up 1.1 per cent to 7,142.Elders gained ground as the agribusiness company said its financial year 2022 results were forecast to be better than market expectations.
A company with lithium interests, Silver Lake, was up 2.5 per cent after announcing it had taken a 5 per cent interest in several local exploration projects.Magellan was down 5.6 per cent as the fund manager reported that the amount under its management had dropped 10.5 per cent to $69 billion.Several states and territories in Australia have public holidays today, which means trading could be lower than normal.