Australia's Duxton Farms jumps on property sale settlement

Duxton Farms

13/06/2024 06:37

** Shares of Duxton Farms  DBF.AX  rise as much as 2.7% to
A$1.51, their highest since May 9
    ** Stock posts its biggest intraday percentage gain since
May 31
    ** Mixed farming co settles sale of its Timberscombe
property for A$70 mln ($46.52 mln)
    ** Stock down 4.2% YTD, based on last close

($1 = 1.5047 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))