Australia's Halo Technologies rises as co signs research deals

HALO Technologies Holdings

26/09/2022 05:44

** Shares of Halo Technologies Holdings Ltd  HAL.AX  rise as
much as 3.3% to A$0.31, on track for their best day since Sept
15, if gains hold
    ** The equities research firm says it signed two deals;
secures first agreement with Sydney-based dealer group of 25
corporate authorised representatives 
    ** Under first deal, dealer group to receive access to HALO
Professional Service to research on equities and exchange traded
funds in 26 countries and across 32 exchanges
    ** Says deal represents ~A$300 mln ($195.12 mln) of client
funds under management, divided between two authorised
representatives 
    ** Says deal will help co grow its Australian customer
footprint
    ** Halo stock down 72.7% YTD, as of last close
    ($1 = 1.5375 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))