Australia's DXN jumps on $3 mln data centre contract

Dxn

02/06/2025 01:48

** Data centre manufacturer DXN DXN.AX jumps as much as 27.8% to A$0.046, highest since February 24

** Stock set for steepest one-day pct climb since September 13, 2024

** Co secures A$4.6 mln (~$3 mln) contract from Globestar for design, others of three modular data centre units in Hawaii by the end of 2025

** Stock on track for third consecutive session of gains

** DXN last up 25%, trims YTD losses to ~21%

($1 = A$1.5499)

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))