BUZZ-Australia's Fiducian hits record high on upbeat HY results
Reuters
Feb 17
BUZZ-Australia's Fiducian hits record high on upbeat HY results
** Shares of Fiducian Group FID.AX jump 11.5% to an all-time high of A$10.2
** Financial service provider logs net profit of A$8.6 mln ($5.47 mln) for H1 vs A$6.8 mln last year on improved net inflows
** Adds funds under management (FuM) increased 16% to A$5.57 bln from A$4.82 bln last year
** More than 50,000 shares change hands, 3.7 times the 30-day avg
** Stock up 17.2% YTD, including current session's moves
($1 = 1.5716 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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