** Australian wealth manager AMP Ltd AMP.AX rallies up as much 9.4% to A$1.40, its biggest intraday rise since October 2025, as it partially rebounds after Thursday’s 27% drop

** Stock among top gainers on the benchmark ASX 200 index .AXJO, outshining a 1% drop in the benchmark

** The 177‑year‑old money manager on Thursday delivered annual profit in line with expectations, but a weaker momentum in key platforms and superannuation arms sparked its steepest drop in more than two decades

** Platforms arm, which includes its flagship North investment solutions platform, posted A$106 million ($75.09 million) in FY underlying earnings, 7% shy of Visible Alpha estimates yet above last year’s A$97 million

** AMP is down 25.8% YTD, lagging severely behind the AXJO’s 2.8% gain

($1 = 1.4116 Australian dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))