BUZZ-Australia's Praemium hits more than one year-high on strong quarterly update

Reuters

2024/10/22

** Praemium rises as much as 8.4% to A$0.645, the highest since Sept. 19, 2023

** Financial planning tools provider reports total funds under administration for the September quarter at A$59.4 bln ($39.61 bln), up 33% from a year ago

** Stock set for biggest intraday pct gain since Aug. 26

** Around 20.1 mln shares traded vs 30-day avg of 8.6 mln

** PPS up 64% YTD

($1 = A$1.4995)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com;))

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