Australia's Genex Power sees best day in over 8-1/2-months, starts early works program
23/12/2020 01:19
** Shares of power generation firm Genex Power Ltd GNX.AX
rises as much as 12.8% to A$0.22 – their biggest intraday
percentage gain since April 7
** Co says it started early works program relating to the
Kidston pumped storage hydro project after a recent announcement
of its final investment decision urn:newsml:reuters.com:*:nFWN2J20FY
** Co says commencement of the early works programme ensures
site is ready for construction activity, which is now planned to
commence in Q1 2021
** Stock hits its highest level since Dec. 11
** About 1 mln shares change hands compared to 30-day
average of 869,000 shares
(Reporting by Aditya Munjuluru in Bengaluru)
((aditya.srivastsav@thomsonreuters.com))
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