Australia's XTEK jumps on $2.07 mln order win

Highcom

29/09/2023 04:07

** Shares of XTEK  XTE.AX  rise as much as 3.23% to A$0.320,
set to gain most since Sept. 18  
    ** Stock posts its biggest intraday pct gain since Sept. 22,
on track for third consecutive session of gains
    ** The defence products maker said it got order worth $3.2
million ($2.07 million) to supply military products to an
undisclosed international military customer  
    ** 206,531 shares change hands, 1.2x of 30-day average
volume of 166,568 shares 
    ** Stock has fallen 49.2% this year as of last close


($1 = 1.5482 Australian dollars)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com))