Australia's Challenger eyes best week in nearly 2 years

Challenger

16/08/2024 06:45

** Shares of Challenger  CGF.AX  up 10.1% so far for the
week, on track for their best day since early Oct. 2020
    ** For the day, CGF up 0.8%
    ** Australian investment management firm on Tuesday posted
annual earnings that beat estimates, along with upbeat FY25
profit estimates
    ** Stock has risen 13.3% this year as of last close

($1 = 1.5078 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))