BUZZ-Australia's IDP Education set for biggest weekly loss in a month on weak student demand

Reuters
2025/12/05
BUZZ-Australia's IDP Education set for biggest weekly loss in a month on weak student demand

** IDP Education IEL.AX set to drop ~3% this week; on track for steepest weekly loss in a month

** IELTS owner's stock lost 2% on Tuesday as Macquarie retained "neutral" rating with PT of A$6, citing tough near-term outlook on student demand

** IEL currently up 1.1% at A$5.165

** YTD, stock falls ~60%

($1 = A$1.5122)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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