ASX-listed Virgin Money shares jump after BoE stress test

Virgin Money UK

13/07/2023 03:49

** ASX-listed shares of Virgin Money UK  VUK.AX  jump as
much as 8.4% to A$3.11, marking their biggest intraday pct gain
since Nov. 22, 2022 
    ** Shares of several British banks, including Virgin Money
surged on Wednesday after the Bank of England said its annual
stress test of eight major lenders showed each could cope with
rising interest rates in a stressed environment
    ** UK-listed shares of Virgin Money closed up 11.5% on
Wednesday
    ** In Australia, VUK hits its highest level since March 7 on
Thursday
    ** Stock down 12.5% YTD as of last close
    

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))