New Zealand bourse operator hits near 2-month high on increased FY earnings view

NZX

13/10/2024 22:57

** Shares of NZX Ltd  NZX.NZ  up as much as 1.5% to NZ$1.39,
their highest level since Aug 26 
    ** The stock exchange operator expects FY24 operating
earnings to range between NZ$45 mln ($27.46 mln) and NZ$49 mln,
compared to its previous forecast of NZ$40 mln-NZ$44.5 mln
    ** Says revision is primarily due to stronger-than-expected
levels of large capital raisings in Sept 
    ** Stock down 93.3% YTD, as at 2152 GMT
    

($1 = 1.6385 New Zealand dollars)

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