Australia's Fiducian hits record high on upbeat HY results

Fiducian

17/02/2025 03:53

** Shares of Fiducian Group  FID.AX  jump 11.5% to an
all-time high of A$10.2
    ** Financial service provider logs net profit of A$8.6 mln
($5.47 mln) for H1 vs A$6.8 mln last year on improved net
inflows
    ** Adds funds under management (FuM) increased 16% to A$5.57
bln from A$4.82 bln last year
    ** More than 50,000 shares change hands, 3.7 times the
30-day avg
    ** Stock up 17.2% YTD, including current session's moves

($1 = 1.5716 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))