Australia's Cash Converters hits 1-week high after strong Q1 results

Cash Converters International

24/10/2023 01:53

** Shares of Australian personal finance co Cash Converters
 CCV.AX  rise as much as 2.4% to A$0.215, highest level since
Oct. 16
    ** Stock set for second consecutive day of gains
    ** Co reports 47% Y/Y jump in first-quarter revenue  
    ** Gross loan book surges 30% 
    ** Stock down ~11% this year, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))