Australia's Steadfast hits 12-week high after releasing results of internal review

Steadfast

03/12/2024 01:27

** Shares of insurance broker Steadfast  SDF.AX  rise as
much as 3.8% to A$6.090, set to gain most since Sept. 11
    ** Shares hit their highest level since Sept. 9
    ** Co's internal review of subsidiaries shows no evidence of
channeling of incentives between related entities, and
deliberate actions or inactions related to compliance with
regulatory or legislative obligations 
    ** Stock has risen 0.9% this year, as of last close

 (Reporting by Nichiket Sunil)
 ((Nichiket.Sunil@thomsonreuters.com))