Australia's Hub24 falls after drop in first-half inflows

Hub24

17/01/2023 24:23

** Shares of Australia's Hub24  HUB.AX  fall as much as 4.4%
to A$26.7, hitting their lowest since Jan. 12
    ** Investment management co posts 13.6% fall in net inflows
for the first half of FY23  
    ** Says net inflows A$2.8 billion ($1.95 billion) for
quarter, which is broadly flat on Q1
    ** Stock fell 6% in 2022
($1 = 1.4362 Australian dollars)
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))