Why Aussie Broadband, Australian Ethical, Jumbo, and Vulcan are racing higher

MotleyFool02-23

The S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a gain. In afternoon trade, the benchmark index is up 0.35% to 7,636.9 points. Four ASX shares that are rising more than most today ...

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In afternoon trade, the benchmark index is up 0.35% to 7,636.9 points. Four ASX shares that are rising more than most today ...</p>\n\n<a href=\"https://www.fool.com.au/2024/02/23/why-aussie-broadband-australian-ethical-jumbo-and-vulcan-are-racing-higher/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7062","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://www.fool.com.au/2024/02/23/why-aussie-broadband-australian-ethical-jumbo-and-vulcan-are-racing-higher/","article_id":"2413277330","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2413277330","pubTimestamp":1708654660,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"TheS&P/ASX 200 Index(ASX: XJO) is on course to end the week with a gain. In afternoon trade, the benchmark index is up 0.35% to 7,636.9 points. 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Here's why they are jumping: Aussie Broadband Ltd (ASX: ABB) The Aussie Broadband share price is up almost 14% to $4.34. This morning, this broadband provider released its half-year results and reported a 17.7% increase in revenue to $445.9 million and 12.7% lift in EBITDA to $46.3 million. A key driver of this growth was a 20.6% increase in total broadband connections to 765,800. Australian Ethical Investment Ltd (ASX: AEF) The Australian Ethical share price is up 6.5% to $5.22. This follows the release of the investment company's half-year results. Australian Ethical reported a 33% jump in operating revenue to $48.5 million and 71% increase in underlying profit after tax to $8.5 million. Jumbo Interactive Ltd (ASX: JIN) The Jumbo share price is up 6% to $16.98. This has been driven by the release of the online lottery ticket seller's half-year results. Jumbo achieved an 18.4% increase in revenue to $73.9 million and a 14.5% lift in underlying net profit after tax (before amortisation) to $20.8 million. This allowed the company's board to increase its fully franked interim dividend by 17.4% to 27 cents per share. Vulcan Energy Resources Ltd (ASX: VUL) The Vulcan Energy share price is up 6% to $2.19. Investors have been buying this lithium developer's shares after it released a funding update. Management advised that Vulcan's Phase One project is potentially suitable for European Investment Bank (EIB) financing and the project has advanced to the \"Under Appraisal\" stage. 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