Australia's FBR climbs on deal with UAE Ministry of Energy & Infrastructure

FBR

10/11/2021 01:07

** Shares of FBR Ltd  FBR.AX  rise as much as 12.5% to
A$0.054, their highest since Nov. 3
    ** The robotic tech co signs an MoU with the United Arab
Emirates Ministry of Energy & Infrastructure  urn:newsml:reuters.com:*:nASX6lJDhK
    ** Parties to exchange information and collaborate on
application of modern building methods with a particular focus
on Hadrian X, co's robotic construction technology
    ** Stock eyes its third straight session of gains
    ** About 4.4 mln shares change hands, vs the 30-day avg
volume of 4.6 mln
    ** Stock has risen 6.7% this year, as of last close

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