Australia's XTEK rises on new purchase order

Highcom

26/05/2022 03:44

** Shares of defence products maker XTEK Ltd  XTE.AX  climb
as much as 22% to A$0.360, mark their biggest intraday gain
since April 19
    ** Co's ballistics division, has receives a purchase order
for supply of body armour and ballistic helmets worth A$9.5
mln($6.74 mln)  urn:newsml:reuters.com:*:nASX2BcXn3
    ** Shares hit their highest since May 2
    ** Volumes are 2.9 times the 30-day average of 264,224
shares
    ** As of last close, stock up 31.1% this year

($1 = 1.4094 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))