BUZZ-Australia's ActivePort Group rises on new circuit orders

Reuters
07/30
BUZZ-Australia's ActivePort Group rises on new circuit orders

** Shares of ActivePort Group Ltd ATV.AX rise as much as 40.9% to A$0.016, hitting their highest level since July 8

** Stock last up 27.3% at A$0.014

** Network automation software firm books new order totalling A$2 million ($1.30 million) in contract value over 36 months

** Orders for circuits under co's Network-as-a-Service platform

** Around 7 mln shares change hands, 5x the 30-day average volume of about 1.4 mln

** Session trims YTD losses to 17.65%

($1 = 1.5347 Australian dollars)

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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