Australia's Stockland rises most in two months after reaffirming outlook

Stockland

16/10/2025 24:57

** Shares of Stockland Corp SGP.AX gain as much as 2.1% to A$6.350, their biggest intraday pct gain since August 21
** Co maintains its FY26 FFO per security guidance range of 36-37 Australian cents per share, while reaffirming its distribution per security forecast of 25.2 AU cents apiece for year
** Expects gearing levels to increase by December 31 due to capital deployment and settlement
** YTD, shares up 32.3%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))