ASX-listed Nutritional Growth Solutions gains on multi-region distribution deal

Nutritional Growth Solutions

20/10/2021 04:51

** Shares of Nutritional Growth Solutions Ltd  NGS.AX  jump
as much as 10.8% to A$0.205, posting their biggest intraday pct
gain since Sept. 8
    ** Israel-based child nutrition brand signs https://www.asx.com.au/asxpdf/20211020/pdf/451vcspf6f3l5j.pdf
 multi-region distribution deal with Australia Sunshine
International Group
    ** Co to enter Southeast Asia and expand its presence in
China via e-commerce platforms in the region
    ** Stock hits its highest since Sept. 27
    ** More than 1.1 mln shares change hands, about 4x their
30-day average volume of 281,829 shares
    ** Busiest trading day for NGS since Sept. 6
    ** Stock had fallen 28.9% this year, as of last close

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))