Australia's HUB24 set for best week in three months on record quarterly inflows

Hub24

24/10/2025 05:23

** Shares of Australia's HUB24 HUB.AX rise 6% to A$111.60 so far this week, set for their biggest weekly rise since the week ended July 18, if trend holds

** The wealth platform on Tuesday posted record quarterly net inflows of A$5.2 billion ($3.38 billion) in Q1FY26, a 28% increase YoY

** Co added that funds under administration reached A$146.5 billion as of September 30, up 30% YoY

** Stock last down 1.6% on the day

** YTD, up 60.3%

($1 = 1.5389 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))