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Australia's HUB24 hits near one-month high as funds under administration climb 15%

By Reuters News01:11 (UTC), 20 October 2026 Updated

** Shares of HUB24 HUB.AX rise as much as 5.9% to A$68.345, their highest level since September 24

** Stock logs its best intraday pct gain since July 22

** The investment platform reports total funds under administration of A$168.6 billion ($117.73 billion) as at September 30, up 15% from a year earlier

** Co reports platform quarterly net inflows of A$4.0 bln

** Adds result reflects continued demand for its platform despite a subdued macroeconomic environment

** Stock down 30.2% YTD, including the session's moves

($1 = 1.4320 Australian dollars)

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