Australia's Orica surges on earnings beat, dividend boost
08/05/2025 03:31
May 8 (Reuters) - Shares of Orica ORI.AX soared to their highest single-day gain in three years on Thursday, after the Australian explosives giant posted stronger-than-expected first-half earnings and lifted its interim dividend. The company's shares rose as much as 9.2% to A$18.31, their biggest intra-day jump since September 30, 2021. The stock is one of the top gainers on the benchmark ASX 200 index .AXJO. (Reporting by Nikita Maria Jino in Bengaluru; Editing by Rashmi Aich) ((Nikita.Jino@thomsonreuters.com;))
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