Australia's NEXTDC climbs after raising FY26 guidance

NEXTDC

01/12/2025 24:38

** Shares of Australia's NEXTDC NXT.AX rise as much as 6% to A$14.380, their highest level since November 20

** Data centre operator says FY26 capital expenditure guidance increased by A$2.20 billion ($1.44 billion) to A$2.40 billion ($1.57 billion) vs previous guidance of A$1.80 billion to A$2.0 billion

** 2.7 million shares change hands, 1.6x the 30-day average volume

** Stock has fallen 7.7% this year, including session moves

($1 = 1.5279 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))