Australia's Praemium climbs to near three-year high on FUA boost

Praemium

21/10/2025 04:06

** Shares of Praemium PPS.AX rise as much as 9.3% to A$0.908, their highest level since November 14, 2022
** The financial services co posts total funds under administration (FUA) of A$67 billion ($43.54 billion) at September-end, a 13% gain from last year
** Platform FUA rises 10% to A$32 billion by quarter-end

** YTD, Praemium shares up 21.1%

($1 = 1.5389 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))