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Brickworks broke through the pandemic with a 95% increase in net profit.

ASX closed green; Identitii soared on new agreement; Brickworks rallied on FY21 results

The ASX200 closed 1% higher on Thursday at 7370.20.

Identitii soared 19% on agreement with Standard Chartered Australia.

Brickworks rallied after releasing mixed FY21 results.

The Australian market rallied on Thursday to close the session 1% higher at 7370.20, with all sectors trading in positive territory. Tech and Energy stocks were the sessions’ biggest winners, while Newscorp was the top performing stock, gaining 8.42%.

The tech sector led the market today as EML Payments surged 4.49%, Afterpay added 4.21% and Appen finished the day 4.01% higher.

Bitcoin is trading 3.82% higher this afternoon at US$43,856.59 at 4:40pm AEST.

Australian-based enterprise software company Identitii soared more than 19% during today’s session after announcing it has signed a new Master Technology Agreement contract with Standard Chartered Australia. Under the deal, Standard Chartered Australia will licence Identitii’s new software-as-a-service (SaaS) platform firstly in Australia for a 3-year period with scope for expansion.

Making headlines, Brickworks shares rallied today after the company released FY21 results. Despite reporting a 6% decline in revenue as lockdowns impacted operations for the company, Brickworks reported a 95% jump in underlying net profit after tax to $285m.

And Uber Eats has introduced an emoji search option where users can simply search for restaurants using emojis like ‘burgers’ or ‘chips’ and restaurants nearby will appear on a map.

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