Australia's Raiz Investment gains on upbeat results

RAIZ Invest

24/04/2025 03:02

** Shares of Raiz Investment RZI.AX rise 10.3% to A$0.590, their highest level since March 7

** Stock set for its strongest session since April 10 - if current trends hold

** Financial services co reports 23.1% rise from last year in funds under management for Q3

** Says revenue for the quarter was up 14.1% from last year

** About 88,313 shares change hands, 2x the 30-day average of 43,262 shares

** Stock up 8.3% YTD, including current session's moves

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))