Australia's HUB24 hits 3-week high after quarterly update

Hub24

18/04/2023 04:45

** Shares of HUB24 Ltd  HUB.AX  rise as much as 2.4% to
A$28.150, their highest level since March 27 
    ** The investment management co posts total funds under
administration (FUA)  of  A$76.9 bln ($51.68 bln) as on March
31, compared to A$68.3 bln a year ago
    ** Says platform FUA as on March 31 was A$59.4 bln vs A$51.0
bln year ago
    ** Shares on track for a second consecutive session of gains
    ** HUB stock up 3.4% year to date, as of last close 
    
    ($1 = 1.4881 Australian dollars)

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))