NewsBite

GBST Holdings pays price for performance at home

Trevor Hoey
Trevor HoeyColumnist
Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

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.

Loading...
Trevor uses economic trends and fundamental analysis to identify quality stocks across all sectors. Trevor analyses breaking news, giving active investors an important edge. Connect with Trevor on Twitter. Email Trevor at thoey1@bigpond.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Equity markets

Fetching latest articles

Most Viewed In Markets

    Original URL: https://www.afr.com/markets/equity-markets/gbst-holdings-pays-price-for-performance-at-home-20150813-giycbe