Australia's Hub24 falls on lower funds under administration

Hub24

19/07/2022 02:31

** Shares of data solutions co Hub24  HUB.AX  fall as much
as 7% to A$22.06, mark their biggest intraday pct loss since
June 17
    ** Co says total funds under administration (FUA) as at June
30 were A$65.57 bln ($44.63 bln), down from A$68.34 mln as at
March-end  urn:newsml:reuters.com:*:nASX9rpTrr
    ** Shares hit their lowest since July 6
    ** As of last close, stock down 16.2% this year

($1 = 1.4693 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))