Australia's Netwealth Group extends gains after strong interim results

Netwealth

19/02/2026 24:49

** Shares of Australia's Netwealth Group NWL.AX extend gains to rise as much as 8.2% to A$27.43, their highest level since December 12, 2025

** The stock rose more than 13% in the previous session after the financial services firm posted 19.9% rise in HY NPAT to A$69 million ($48.57 million)

** Says HY total income rose ~25% to A$193.8 million

** Stock up 5.7% YTD

($1 = 1.4207 Australian dollars)

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com))