BUZZ-Australia's Advanced Braking Technology soars on sales revenue growth

Reuters
Oct 21
BUZZ-Australia's <a href="https://laohu8.com/S/ABV.AU">Advanced Braking Technology</a> soars on sales revenue growth

** Shares of Advanced Braking Technology ABV.AX rise as much as 8.7% to A$0.125, their highest level since October 6

** Stock on track for its best day since October 3, if current gains hold

** Braking systems manufacturer reports product sales revenue of A$5.3 million ($3.44 million) for first quarter, up 21% from pcp

** About 541,000 shares change hands, 4.6 times the 30-day avg

** Stock up 50.6% YTD, including the session's moves

($1 = 1.5389 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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