Australia's Bell Financial sees worst day in over 10 months on subdued FY forecast

Bell Financial

13/01/2022 02:50

** Shares of Bell Financial Group  BFG.AX  down as much as
7% to A$1.74, post worst session since March 5
    ** The stockbroker expects FY profit to be A$44 mln ($32.04
mln), compared with A$46.7 mln in FY20  urn:newsml:reuters.com:*:nASX5tGnmW
    ** Expects FY revenue to be A$292 mln, compared with A$299
last year 
    ** Stock hits lowest level since Oct 14
    ** More than 311,000 shares change hands, compared with the
30-day average volume of about 112,000 shares
    ** Stock up 0.3% this year, as of last close

    ($1 = 1.3732 Australian dollars)
    

 (Reporting by Jaskiran Singh)
 ((Jaskiran.Singh@thomsonreuters.com;))