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Article: Brazil: Anwell's Brazil deal lifts tech stocks.
- Article from:
- TendersInfo
- Article date:
- May 7, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: syam98
Technology stocks were lifted after optical disc equipment maker Anwell Technologies said it has agreed to sell solar panels to Brazil Energy, an investment company focused on energy and infrastructure.
Anwell soared as much as 12.5 per cent to a five-month high of US$0.07 ($0.09) with over 12 million shares traded.
Other tech shares such as copper recycler Advance SCT gained as much as 7.4 per cent to a one-month high of $3.65 with more than 8.1 million shares traded.
Aztech Systems , which makes internet modems and telephones, rose as much as 7.7 per ...