ANZ shares rise after gaffe
Shares in ANZ have risen in early trade after an embarrassing mix-up that led to its profit figures being accidentally published on the bankâs website.
Shares in ANZ were 7.5 cents higher at $33.42 at 1009 AEDT on Tuesday.
ANZ placed its shares in a trading halt late on Monday after revealing it had inadvertently published on its website unaudited data showing percentage movements in its cash profit for the second half of its fiscal year.
â˘Â ANZ shares halted from trade after error
The numbers were contained in a template of ANZâs financial tables intended to assist analysts preparing for the bankâs full year financial results presentations on Friday.
The table showed that ANZâs second half cash profit, adjusted for foreign exchange movements, rose three per cent to $3.5 billion.
ANZ said the release of the figures did not constitute a breach of its continuous disclosure obligations, but it sought the trading halt âout of an abundance of cautionâ.
ANZ is expected to report an 11 per cent rise in cash profit to a record $7.08 billion when it announces its full year results on Friday.
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