Australia's Fiducian Group jumps most in 2-1/2 years on upbeat results

Fiducian

12/02/2024 01:16

** Shares of Fiducian Group  FID.AX  rise as much as 10.9%
to A$6.490, their biggest intraday pct gain since June 28, 2021 
    ** Stock at its highest since Aug 2, 2023
        ** The diversified financial co posts revenue from
ordinary activities of A$39 mln ($25.45 mln), up 10% from last
year
    ** Adds profit from ordinary activities after tax
attributable at A$6.8 mln, up 23% from corresponding period
    ** Over 54,610 shares change hands, 4.2x the 30-day avg
volume
    ** Stock up ~5% YTD

   ($1 = 1.5326 Australian dollars)
    

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))