The AMP share price just hit a new 52-week high after a 70% rise in 2024!
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The AMP Ltd (ASX: AMP) share price has performed wonderfully in the last 12 months, rising by 70%. Today, during morning trade, it reached a new 52-week high of $1.64.
This could be the ASX financial share‘s best calendar year – it’s currently up by 74% in 2024 to date, though the year isn’t quite over yet.
The market is loving the operational recovery the business is displaying. Let’s look at the latest update from the business that may have impacted AMP shares.
Quarterly recap
In mid-October, AMP announced to the market how its various segments had performed in the three months to September 2024.
The ASX financial share said its platforms net cash flows were $750 million, North inflows from independent…
