Spheria Emerging Companies Outperforms Market Index

Spheria Emerging Cos. Ltd. (AU:SEC) has released an update.

Spheria Emerging Companies Limited (SEC) reported a robust performance in July, with a 6.7% gain after fees, surpassing the S&P/ASX Small Ordinaries Accumulation Index by 3.2%. The market saw a shift from high-valued tech stocks to smaller companies, amid expectations of a US rate cut. Additionally, SEC announced a dividend of 3.4 cents per share, with top holdings including IRESS Limited and Healius Limited.

For further insights into AU:SEC stock, check out TipRanks’ Stock Analysis page.