Australia's Regal Partners extends gains to hit over 3-month high on upbeat forecast

Regal Partners Holdings

04/07/2025 06:48

** Shares of alternative investment manager Regal Partners RPL.AX rise 3.2% to A$2.56, their highest since March 27

** Shares extend gains from previous session, where it gained after saying it expects at least A$35 million ($23.01 million) in performance fee revenue for the 1H25 period

** RPL gains 13.2% on weekly basis, set for its best since week ended May 9

** Stock down 31.7% YTD, including moves in current session

($1 = 1.5209 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))