Australia's ASX rises to three-month high on solid annual earnings
BUZZ-Australia's ASX rises to three-month high on solid annual earnings Updates
** Shares of Australia's ASX ASX.AX rise as much as 9.9% to A$61.000, their strongest intraday session since March 17, 2020
** Stock hits its highest level since May 7
** The securities exchange operator posts FY26 operating revenue of A$1,250 million ($882.63 million), up from A$1,110 million a year earlier
** Company says adjusted net income of A$536.4 million, up from A$510 million a year ago
** "At first take, we see this as a sound result driven by slightly better-than-expected top line revenue," says Citi
** Stock up 15.7% YTD, including sessions' moves
($1 = 1.4162 Australian dollars)
(Reporting by Shravya Marakini & Rajasik Mukherjee in Bengaluru)
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