Australia's Wellnex jumps on reintroduction of pain relief brand in NZ market

Wellnex Life

24/05/2024 05:58

** Shares of Wellnex Life  WNX.AX  rise as much as 8.9% to
A$0.031, their highest since Dec 18, 2023     
    ** The consumer healthcare firm says it partnered with
Chemist Warehouse New Zealand to reintroduce its Pain Away brand
in New Zealand after a long absence
    ** Will supply its first order of seven Pain Away products
to the Chemist Warehouse New Zealand network in May - co
    ** Stock set for best day since May 17, if gains hold
    ** Over 4.8 mln shares change hands, compared with the
30-day average volume of 1.6 mln     
    ** WNX stock up 27.7% YTD, as of last close

    

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))