The Mid Market Pulse || Which Company Rose As Much As 9.3% On Wednesday?

• This is The Mid Market Pulse. Lets get started with the mid market commentary for today

• On Wednesday, Nearmap stock had rallied over 14 per cent after it raised its FY21 Annual Contract Value guidance on the back of strong first half financial year 2021 performance. 

• The National Australia Bank has reported a statutory net profit of $3 thousand 208 million for the first hald of 2021 while its cash earnings rose by 94.8 per cent to $3 thousand 343 million during the first half of 2021 as compared to the first hald of 2020.

• Pharmaceutical company Nyrada Inc provided an update on the development of its Cholesterol-Lowering Programme and declared two successful drug candidates.

• Octanex has successfully completed a placement of 15 milion ordinary fully-paid shares at 5 cents per share to raise $750 thousand.

• The Eclipx Group has said that the company is on track to outperform in the first half of financial year 2021 with a 77 per cent growth in its Net Profit After Tax & Amortisation on the prior corresponding period.


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