Australia's Michael Hill International hits near 4-year high on results outlook

Michael Hill International

29/12/2021 24:19

** Shares of Michael Hill International Ltd  MHJ.AX  rise as
much as 12.33% to A$1.275, hitting their highest since Feb 2018 
    ** Jewellery retailer sees first-half result well above the
year-ago comparable EBIT of A$44.6 mln ($32.24 mln)  urn:newsml:reuters.com:*:nASX9pp4d1
    ** Says successfully navigated extended periods of closures
from July to November across Australia and New Zealand
    ** Co has all stores open globally for Christmas trading
period 
    ** Stock set for its sharpest gain since Dec. 10
    ** As of last close, stock had soared 69.4% this year

($1 = 1.3833 Australian dollars)

 (Reporting by Navya Mittal)
 ((Navya.Mittal@thomsonreuters.com;))