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ASX200 red; Artrya surges 12% on second trading day; Domino’s rallies on European lockdowns.

  • The ASX200 is trading 0.20% lower at 7264.80 after lunchtime.
  • Artrya shares continue to surge following a successful debut on Friday.
  • Domino’s rallies amid renewed lockdowns in some European countries.

The Australian market is trading 0.20% lower at 7264.80 after lunchtime on Monday, recovering losses from a sharp morning sell-off as a rally for tech stocks offsets heavy losses for real estate stocks.

The tech sector is leading gains in today’s session as Technology One surges 4.84%, while Altium and Afterpay add 2.08% and 2.07% respectively.

Bitcoin is trading 6.53% higher over the last 24-hours at US$57,584.60 at 1:30pm AEDT. .

Perth-based medical tech company, Artrya is surging 12% during its second trading day as a listed company. The cardiac imaging software company made a successful debut on Friday with an IPO at $1.35/share raising $40 million. Shares in Artrya are continuing to rise today as investors respond to the company’s recent tender win to become an artificial intelligence supplier for the National Health Service Shares Business Services (NHS SBS) Framework in the UK.

Making headlines, Domino’s pizza shares are rallying today despite no news being announced by the pizza giant. Investors may be buying into Domino’s as some European cities plunge into lockdowns due to the new COVID-19 Omicron variant, boosting investor sentiment about sales for Domino’s as the company was a big winner from previous lockdowns.

And AMC is expanding its blockchain investment to now give out 86,000 NFT’s as ticket pre-order freebies for the new Spider-Man movie in partnership with Sony.

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