AMP rallies to seven-year peak after stronger-than-expected half-year results
AMP Holdings shares jumped sharply to reach A$2.31, a seven-year high, after the company reported stronger-than-forecast half-year earnings, a notable lift from its China partnerships, and announced a AUD 150 million on-market buyback alongside a higher dividend payout ratio. The result exceeded analyst expectations and sat at the upper bound of AM…