Australia's Firstwave Cloud Technology rises on extending deal with Telstra

Firstwave Cloud Technology

02/04/2024 04:00

** Shares of FirstWave Cloud Technology  FCT.AX  rise as
much as 7.41% to A$0.029, posting their biggest intraday pct
gain since Feb. 23
    ** Stock hits its highest level since March 25
    ** Internet security software developer says it has extended
agreement with Telstra  TLS.AX  
    ** Under the product and services agreement, co provides
cybersecurity services to Telstra's customers 
    ** Stock down 32.5% YTD, as of last close

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))