Australia's Select Harvests rises on narrowing half-year loss

Select Harvests

31/05/2024 01:53

** Shares of Select Harvests  SHV.AX  rise as much as 9.4%
to A$3.5, set for their best day since Jan. 31 - if gains hold 
    ** Stock hits highest level since May 8 
    ** Almond product maker posts HY loss attributable of A$2.1
million ($1.39 million), compared with a loss of A$96.2 mln a
year 
    ** Expects continued improvement in almond crop pricing in
the longer term 
    ** SHV is set to gain 3.2% for the week, logging its best
week since end of March
    ** Stock has risen 10.3% this year as of last close

($1 = 1.5076 Australian dollars)
    

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))