Australia's Hydrix rises on partnership with Swedish company

Hydrix

17/05/2022 04:30

** Shares of engineering co  HYD.AX  rise as much as 16.7%
to A$0.105, marking their biggest intraday gain since June
    ** Co announces long-term development partnership with
Sweden-based Scandinavian Realheart  urn:newsml:reuters.com:*:nGLF9xkD7R
    ** Says it has been selected to develop the control system
for Realheart's four-chamber artificial heart 
    ** Shares hit their highest since May 3
    ** Trading volumes are 4.1 times the 30-day average of
218,463 shares
    ** As of last close, stock down 28% this year

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