AusGroup (5GJ.SG) gained 1.5% at 69.5 cents as at 10:40 a.m. after the energy and resources services company announced a contract win yesterday.
Still, trading volume remains thin, suggesting fairly muted buying interest, with near-term ceiling at 10-day moving average 70.5 cents.
The company says it has secured an integrated services contract from oil & gas client Apache Energy for facilities and offshore assets in Western Australia estimated to be worth around A$5 million ($6.5 million) a year.