Australia's Praemium hits more than one year-high on strong quarterly update
22/10/2024 03:49
** Praemium PPS.AX rises as much as 8.4% to A$0.645, the
highest since Sept. 19, 2023
** Financial planning tools provider reports total funds
under administration for the September quarter at A$59.4 bln
($39.61 bln), up 33% from a year ago
** Stock set for biggest intraday pct gain since Aug. 26
** Around 20.1 mln shares traded vs 30-day avg of 8.6 mln
** PPS up 64% YTD
($1 = A$1.4995)
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))