STOCK WATCH

AN £850,000 contract with a ‘major Government department’ sent shares in Sabien Technology soaring as much as 75pc higher.

The AIM-listed firm provides technology to make boilers more efficient, with energy use cut by up to a quarter.

Sabien said the contract brings total orders to date for this financial year, which ends in June, to £1.1m, more than double the £480,000 in orders it booked last year.

Shares closed up 56.3pc, or 0.04p, to 0.12p.