BUZZ-Australia's Archer Materials jumps on biochip deal with Belgian co
Reuters
Aug 12
BUZZ-Australia's <a href="https://laohu8.com/S/AXE.AU">Archer Materials</a> jumps on biochip deal with Belgian co
** Archer Materials AXE.AX jumps as much as 13.2% to A$0.300; on track for biggest intra-day pct gain since July 1
** Stock last up 9.4% at A$0.29; set for highest level since July 29
** Semiconductor firm signs contract with Belgium-based Interuniversity Microelectronics Centre (IMEC) to develop biosensor products for home, point-of-care diagnostics using advanced semiconductor tech
** About 649,326 shares traded, ~3x the 30-day avg
** YTD AXE falls 50%
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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