Australia's EPX surges to 5-week high on contract win

EPX

11/09/2025 02:01

** Shares of EPX EPX.AX rise as much as 32.1% to A$0.037, their highest level since August 7

** Energy management solutions provider says co has been successful in a tender with an unknown healthcare organisation in the United Arab Emirates

** Says contract to deploy co's EDGE technology to improve energy efficiency and deliver cost and carbon dioxide savings across healthcare facilities

** Adds seven-year contract valued at 14.6 million dirhams ($3.98 million)

** More than 998,000 shares change hands vs 30-day avg of around 565,000 shares

** Stock up 63.6% YTD, including the day's moves

($1 = 3.6721 UAE dirham)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))