Australia's LGI hits 8-week high on gas management agreement

Lgi

05/02/2024 24:29

** Shares of LGI  LGI.AX  rise as much as 3% to A$2.050,
their highest since Dec 11
    ** The renewable energy co says it has secured long-term gas
management agreement with Bingo Industries
    ** Stock posts its biggest intraday pct gain since Jan 11
        ** Session's volume 3x the 30-day average volume 
    ** LGI stock rose ~11% last year

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