Australia's Axiom Properties surges on partnership with Securexchange

Axtec

23/10/2025 04:14

** Shares of Axiom Properties AXI.AX up nearly 18% at A$0.02

** Stock rose as much as 241.2% earlier in the day, hitting its highest level since mid-December 2024

** Property developer announces exclusive partnership with Securexchange, a platform for digital property transactions

** To launch Settlement Advance – financial product designed to bridge funding gap between selling and buying property

** Around 54.7 million shares traded so far, about 695x 30-day average volume

** Stock down 48.7% this year, as of 0310 GMT

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))