Australia's Digitalx jumps most in over 2 weeks on partnership deal

Digitalx

25/11/2021 23:36

** Shares of Digitalx Ltd  DCC.AX  up as much as 13% at
A$0.13, their best intraday jump since Nov. 9
    ** The blockchain tech co executes a partner agreement with
the Digital Finance Cooperative Research Centre to undertake
research and commercial development of new ideas for growth of
digital finance  urn:newsml:reuters.com:*:nASX3cCVdp
    ** Under the deal, co's commitment will be up to A$2.5 mln
($1.80 mln) in cash contributions over a 10-year duration
    ** Stock set to rise 8.7% for the week
    ** Stock up 23.7% this year as of last close

($1 = 1.3918 Australian dollars)

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))