CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.96% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Australia's Electro Optic Systems rises on $16 million contract

By Reuters News15 hours ago Updated

** Shares of laser maker Electro Optic Systems EOS.AX rise as much as 7.6% to A$7.55, marking their best intraday gain since mid-October

** Company secures new order for counter-drone defence systems with the armed forces of an unnamed Middle Eastern nation state

** Contract valued at $16 million

** Stock down 25.1%, YTD, including moves in current session

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