** Australian fuel retailer Ampol's ALD.AX shares rise 1% to A$26.005
** Stock climbed as much as 2.8% earlier in the day, hitting highest level since March 4
** Co to divest its New Zealand and Australian retail electricity businesses
** The decision is part of ALD's intention to focus on electric vehicle $(EV)$ charging and renewable fuels
** ALD expects to receive pre-tax proceeds of A$65 million ($41.54 million) as a result of the transactions
** Additionally, co's group replacement cost operating profit (RCOP) EBITDA is expected to improve by about A$30 million per annum at the end of 2025, reflecting reduction in losses incurred relative to 2024
** Stock down 8.6% this year, as of last close
($1 = 1.5649 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))
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