Australia's Bio-Gene sees best day in over 4 months, signs development agreement

Bio-Gene Technology

25/10/2021 01:21

** Shares of Bio-Gene Technology Ltd  BGT.AX  jump as much
as 24.1% to A$0.18, their biggest intraday pct gain since June
18
    ** Insecticide maker signs https://www.asx.com.au/asxpdf/20211025/pdf/45212gt6ryp8vt.pdf
 License and Development Agreement with Evergreen Garden Care
    ** Agreement to develop new insecticide solutions for
consumer markets in Europe, UK, Australia & New Zealand
    ** Stock hits its highest since July 7
    ** BGT on track for its third straight session of gains
    ** About 1.1 mln shares change hands, almost 6x their 30-day
average volume of 182,220 shares in BGT's busiest trading day
since May 27
    ** Stock had risen 3.6% this year as of last close
    
  

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))