BUZZ-Australia's ECS Botanics rises on upbeat annual outlook

Reuters

05-16

BUZZ-Australia's ECS Botanics rises on upbeat annual outlook

** Shares of ECS Botanics Holdings ECS.AX rise 22.2% to A$0.011, set for their strongest trading session since late-August 2024, if gains hold

** The medical cannabis cultivator expects to exceed production for fiscal 2025 by 50% from FY24 levels

** More than 6.9 million shares change hands, 4.1 times the 30-day average volume

** Stock down 47.1% YTD, including current session's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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