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BUZZ-Australia's Dexus Convenience Retail REIT set for best week in 18 months

Reuters
02/13
BUZZ-Australia's <a href="https://laohu8.com/S/DXC.AU">Dexus Convenience Retail REIT</a> set for best week in 18 months

** Shares of Dexus Convenience Retail REIT DXC.AX rise as much as 1.4% to A$2.83

** Stock up 6.1% this week after four straight weeks of losses, on track for steepest weekly rise since late July, 2024

** On Monday, convenience retail assets owner reported half-year net profit of A$35.8 million ($25.38 million), up from A$14.7 million posted a year earlier

** Stock down 0.53% YTD

($1 = 1.4106 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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