Australia's Aeris Environmental up as disinfectant seen effective against virus

Aeris Environmental

18/03/2020 03:24

** Shares of green technology solutions provider Aeris
Environmental Ltd  AEI.AX  surge 70% to A$0.660, their best
intraday session ever
    ** Company says an independent Australian test has confirmed
that its disinfectant product Aeris Active is effective in rapid
deactivation of Murine hepatitis virus, a member of the
coronavirus family  urn:newsml:reuters.com:*:nASXb77TPX
    ** Says scaling up supply of product due to strong demand,
with multiple manufacturing sites now in production
    ** Stock hits highest level in nearly two weeks 
    ** Over 5.2 mln shares change hands, nearly four times the
30-day average volume of 1.4 mln shares 
    ** Stock has risen about 22% this year, as of last close

 (Reporting by Shruti Sonal in Bengaluru)
 ((Shruti.Sonal@thomsonreuters.com;))