BUZZ-Australia's Orica soars to 5-year high on election of Brambles director as chair-elect

Reuters
09 Jul
BUZZ-Australia's Orica soars to 5-year high on election of Brambles director as chair-elect

** Shares of Orica ORI.AX rise as much as 3.8% to hit A$20.57, their highest since March 2020

** The mining gear provider appoints Vik Bansal as a non-executive director, elects for position of chair elect

** Bansal currently serves as non-executive director of supply chain co Brambles BXB.AX, and chair of LGI Ltd LGI.AX, a renewable energy and carbon abatement co

** YTD, shares of ORI up 22.8%

(Reporting by Nichiket Sunil in Bengaluru)

((nichiket.sunil@thomsonreuters.com))

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