BUZZ-Australia's <a href="https://laohu8.com/S/NGI.AU">Navigator Global Investments</a> plunges on swing to HY loss, bleak outlook** Shares of Navigator Global Investments NGI.AX fall as much as 14.2% to A$2.59, their lowest level since November 3
** Asset manager heading for worst day since mid-December 2023, if losses hold
** Co posts net loss after income tax of $4.3 million for HY, after reporting a profit of $68.8 million last year
** Says FY26 earnings expected to be lower than FY25
** However, co's revenue from ordinary activities rises 19% to $175.5 million
** About 1.3 million shares changed hands, 1.7x their 30-day average volume
** Stock down ~7% this year, including the day's move
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
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