Australia's DXN hits one-week high on contract win

Dxn

03/11/2025 02:16

** Shares of data centre manufacturer DXN Ltd DXN.AX rise 7.4% to A$0.058, their highest level since October 27
** Co signs A$1.8 million ($1.17 million) contract with private telecommunications services provider APTelecom to deliver a cable landing station
** Nearly 883,600 shares change hands, 2.1x the 30-day average of 415,820
** Stock up 1.8% YTD, including moves in current session

($1 = 1.5389 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru
Jasmeenaraislam.shaikh@thomsonreuters.com)