Australia's SKS Technologies rises as company cites data centre sector sentiment
14/10/2026 03:33
BUZZ-Australia's SKS Technologies rises as company cites data centre sector sentiment ** Shares of SKS Technologies SKS.AX claw back recent losses, rising as much as 11% to A$7.65 and notching their strongest intraday gain in a fortnight
** The technology wiring firm's stock is poised to break a five-session losing streak, if gains hold
** Company says it is unaware of any material undisclosed information that could account for the recent trading activity in its securities
** SKS says recent developments involving participants across the broader data centre sector may have bolstered investor sentiment toward companies with exposure to the space
** SKS stock up 91.1%, YTD
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
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