Australia's Harvey Norman tracks peer JB Hi-Fi higher, posts best session in 10 months

Harvey Norman Holdings

18/01/2022 01:14

** Shares of electronics retailer Harvey Norman Holdings
 HVN.AX  track peer JB Hi-Fi Ltd  JBH.AX  higher, up about 4.4%
to A$5.18, their sharpest jump since March 19
    ** JB Hi-Fi's shares jumped up to 7.6% after co said
customer demand remained strong, with a 63% jump in HY online
sales  urn:newsml:reuters.com:*:nL4N2TX3UZ
    ** Both consumer electronics and home appliances have
continued to witness high demand amid the coronavirus cases
    ** Stock touches its highest levels since Dec 13, on track
for a fourth straight session of gains
    ** Harvey Norman stock up 5.3% in 2021
    

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.mishra@thomsonreuters.com))