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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)

((shravya.marakini@thomsonreuters.com;))

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