Australia's Blackmores hits over 3-week high on strong HY results

Blackmores

24/02/2021 24:54

** Shares of Blackmores Ltd  BKL.AX  gain as much as 7.8% to
A$79.870, their highest since Feb 1
    ** Health products developer reports an 8% jump in HY
underlying NPAT to A$19.4 mln ($15.36 mln), and a 4% rise in
revenue to A$302.6 mln  urn:newsml:reuters.com:*:nASX6ng04S
    ** Expects revenue for H2 to be slightly lower than H1, 
which was impacted by seasonal events  urn:newsml:reuters.com:*:nASX6ng04S
    ** Stock posts biggest intraday pct jump since Feb 1, on
track to record five straight sessions of gains
    ** About 60,080 shares change hands vs 30-day average volume
of 37,781
    ** BKL stock among top pct gainers on the benchmark S&P/ASX
200 index  .AXJO 
    ** Stock has fallen 1.9% this year, as of last close

($1 = 1.2626 Australian dollars)

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))