BUZZ-Australian Ethical Investment hits over 2-year high on upbeat results

Reuters
02-27
BUZZ-Australian Ethical Investment hits over 2-year high on upbeat results

** Shares of Australian Ethical Investment AEF.AX rise 20.9% to A$6.130, their highest since September 13, 2022

** The fund manager posts HY NPAT of A$9.6 million ($6.06 million), up 52% from last year

** Co declares interim dividend of 5 Australian cents per share vs 3 Australian cents apiece last year

** Stock posts biggest intraday gain since March 26, 2020

** Stock up 11.7% YTD, including session's moves

($1 = 1.5845 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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