Australia's Pengana Capital rises on improved funds under management

Pengana Capital

11/05/2023 03:05

** Shares of Pengana Capital Group Ltd  PCG.AX  rise as much
as 5.5% to A$1.35
    ** Stock set for best day since Aug. 16, 2022, if gains hold
    ** Co reports funds under management of A$3,059.8 mln ($2.08
mln) as at April 30, 2023 against A$3,020.0 mln a month ago
    ** Stock hits highest level since March 9
    ** Including session's gains, stock cuts YTD loss to 16.7%
   


($1 = 1.4743 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))