Here’s why Helia (ASX:HLI) is making headlines today

1 min read | December 20, 2022 03:55 PM AEDT | By Khushboo Joshi

Highlights

  • Helia Group shares were spotted trading higher on the ASX today (20 December 2022).
  • The company has updated its net claims guidance from -AU$25 million to -AU$40 million from -AU$25 million to +AU$25 million.

Banking giant Helia Group Limited (ASX:HLI), on 20 December 2022, shared that due to the low claims and low levels of delinquencies experienced over recent months, FY22 net claims incurred is likely to be within a range of -AU$25 million to -AU$40 million. Previously, the guidance was quoted in the range of -AU$25 million to +AU$25 million provided on 1 November 2022.

Meanwhile, the shares of the company were spotted trading 1.636% higher at AU$2.795 apiece at 2:00 PM AEDT on Tuesday (20 December 2022).

Key takeaways from the ASX update shared by Helia:

Recent share price performance of Helia on the ASX:

During the past five days of trading on the ASX, Helia Group has shed 2.61%. In the past one month of trade, the company has moved up by 0.90% on the ASX. In the last six months of trade, Helia has gained 22.05% on the ASX. In the last one year, the company has gained 17.44% and on a year-to-date basis, Helia Group has gained 15.98% on the ASX (as of 2:16 PM AEDT, 20 December 2022).


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