Australia's Orica hits three-month high on positive outlook

ORICA

13/12/2023 24:53

** Shares of Orica Ltd  ORI.AX  firm as much as 2.2% to
A$16.14, their highest since Sept 15     
    ** The explosives maker positive momentum from H2 FY2023 has
continued in current year, with the first two months of FY2024
delivering 'strong results'  urn:newsml:reuters.com:*:nASX53ckK9
    ** Adds that it expects positive momentum to continue
through the FY 
    ** Shares set for best day since Nov 15, if gains hold 
    ** Orica stock up ~4.9% this year, as of last close
    

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))