BUZZ-Australia's HighCom jumps on order from country's defence department
Reuters
May 22
BUZZ-Australia's HighCom jumps on order from country's defence department
** HighCom HCL.AX jumps 8.1% to A$0.200, highest since April 3
** Stock set for steepest intraday pct climb since May 8
** Protective equipment producer receives A$2.6 mln ($1.67 mln) order from Australian Department of Defence for Counter Small Uncrewed Aerial System products
** About 157,580 shares traded, 2.7x the 30-day avg
** YTD, HCL rises 21.2%
($1 = A$1.5523)
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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