Australia's Motio hits 2-1/2-month high on strong start to second half

Motio

08/05/2026 01:36

** Shares of Australia's Motio MXO.AX rise as much as 12.5% to A$0.054, their highest level since February 19

** Media firm says sales activity hit record highs in the first 10 weeks of second half of year

** About 1.4 mln shares change hands, 8.8x the 30-day average

** Stock last up 4.2%, trimming YTD losses to 9.1%

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))