Australia's GPT Group rises on half-yearly distribution outlook

GPT

25/06/2024 03:52

** Shares of real estate firm GPT Group  GPT.AX  rise as
much as 4.1% to A$4.36, their biggest intraday percentage gain
since May 16 
    ** Co sees distribution of 12 AU cents per share for the
six-month period ended June 30
    ** Shares hit their highest level since June 6 
    ** Stock is second-biggest pct gainer in the benchmark
S&P/ASX 200 index  .AXJO 
    ** GPT stock down 9.7% this year, as of last close

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))