Australia's Hub24 rises on stronger quarterly performance and favourable outlook
** Shares of Hub24 HUB.AX rise as much as 1.7% to A$64.500, set for their best trading day since early October
** Investment banking services provider recorded quarterly platform net inflows of A$4.0 bln ($2.69 bln), up 44% vs previous corresponding period (pcp)
** Co says total funds under administration reached A$113.0 bln as of Sept 30, up 37% vs pcp
** Adds it remains confident in meeting FY26 platform funds under administration target of A$115-123 billion
** Stock up 76.2% YTD, as of last close
($1 = 1.4870 Australian dollars)
Reporting by Shivangi Lahiri in Bengaluru
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