GBST Holdings pays price for performance at home
Shares in GBST Holdings, a provider of software for capital markets and wealth administration, traded erratically after its full-year result, which featured a profit rise of 52 per cent.
At one stage the group's share price traded at $5.81, up from $5.31 the previous day, but closed at $5.35. While the weakness that occurred late in the day appeared to be linked to a broader market meltdown, GBST's shares traded at $4.88 the following morning, despite a sharemarket rebound.
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