Real estate asset manager HMC Capital rebounds from near five-year low

HMC Capital

20/08/2025 01:50

** Shares of Australian real estate asset manager HMC Capital HMC.AX surge 10% to A$3.61

** Earlier in the session, HMC stock posted its biggest intraday gain since April 10

** HMC top gainer in the ASX 200 benchmark index .AXJO

** Stock rebounds from a 6.6% decline in the previous session, finishing at a near five-year low

** HMC fell on Tuesday after reporting FY25 earnings 18% below street view, and forecasting pre-tax operating earnings in FY26 below the previous year

** Stock down 63% YTD, including the day's moves

 (Reporting by Sameer Manekar in Bengaluru)

 ((Sameer.Manekar@thomsonreuters.com;))