Australia's BWP Trust sees best day in over 1 month on solid FY results

BWP Trust

04/08/2020 05:55

** Shares of property manager BWP Trust  BWP.AX  rise as
much as 3.7% to A$3.970, their biggest intraday percentage gain
since June 25
    ** Property manager of Wesfarmers-owned  WES.AX  hardware
chain Bunnings posts full-year profit from ordinary activities
attributable of A$210.6 mln ($150.01 mln), up from A$169.4 mln
reported last year  urn:newsml:reuters.com:*:nFWN2F5159
    ** FY revenue from ordinary activities was flat at A$155.8
mln
    ** Declares distribution for six months ended June 30 of
9.27 cents per unit vs 9.18 cents last year
    ** About 1 mln shares, compared with the 30-day average
volume of 1.1 mln shares 
    ** Stock down 2.3% this year, as of last close

    ($1 = 1.4039 Australian dollars)

 (Reporting by Anushka Trivedi in Bengaluru)
 ((Anushka.Trivedi@thomsonreuters.com; +918061823241;))