Australia's Nsx rises on deal to launch second exchange in Saudi Arabia

NSX

29/09/2021 02:33

** Nsx Ltd  NSX.AX , the owner and operator of Australian
market licensees or stock exchanges, gains as much as 8.3% to
A$0.105 
    ** Stock posts its biggest intraday percentage gain since 
Sept 6
    ** Co partners with Ajlan & Bros Group, a private-sector
conglomerate in the Middle East, to explore establishment of a
second exchange called KSA Commodities and Securities Exchange
in Saudi Arabia  urn:newsml:reuters.com:*:nFWN2QU0PB
    ** Nsx says this exchange will trade a variety of financial
products with an initial focus on mining issuers and metals
(commodities)
    ** Stock set to post a second consecutive session of gains
    ** About 219,000 shares change hands, compared with the
30-day average volume of about 122,000 shares
    ** Nsx down 55.9% this year, as of last close
       

 (Reporting by Aditya Munjuluru in Bengaluru)
 ((aditya.srivastsav@thomsonreuters.com))