Australia's REA Group rises on strong quarterly trading update
** Shares of REA Group REA.AX surge as much as 10.7% to A$179.220, their highest since August 26
** Stock logs its largest intraday pct gain since March 30, 2020
** Digital advertising business posts Q127 revenue of A$450 million($315.41 million), up 11% YoY
** Co also posts Q127 operating EBITDA excluding share of profit/loss from associates of A$294 million, up 12% year on year
** YTD, stock down 3.5%, including session's move
($1 = 1.4267 Australian dollars)