Australia's Weststar jumps most in 4 weeks on APA contract

Weststar Industrial

09/11/2023 01:09

** Shares of Weststar Industrial Ltd  WSI.AX  jump as much
as 8.7% to A$0.125, their biggest daily pct jump since Oct 12  
    ** Weststar says it secured a A$47 mln ($30.10 mln) contract
for APA Group
    ** The industrial services company says contract further
contributes to the WestStar FY24 order book and aligns with
Alltype Engineering's strategic plan to expand multi-discipline
project and construction services into the East Coast
    ** Stock hits highest level since Oct 30
    ** Stock down 41% this year, as of last close


    ($1 = 1.5615 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))