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Bank-cination… will your next visit to the bank involve a COVID jab? The CBA is joining the vaccine train.

  • ASX200 closed 0.39% higher on Monday at 7489.90.
  • Openpay soared on announcement of HP deal for OpyPro.
  • Sonic Healthcare tumbled on FY21 results that missed expectations.

The Australian market closed 0.39% higher today at 7489.90 as a session-long tech rally boosted the ASX into positive territory. It was also a good start to the week for gold mining stocks as the sector closed Monday more than 1.5% higher.

The tech sector gains were led by Appen surging just 8%, Neamap adding more than 6.5% and Nuix climbing more than 2% higher.

Bitcoin is trading 2.24% higher over the last 24-hours at US$50,195.86 at 4:15pm AEST.

Buy now, pay later provider Openpay rallied today after announcing it has signed a two-year agreement with IT giant HP. Under the deal, Openpay will deliver its OpyPro B2B platform to HP enabling additional trading experiences for HP business customers.

Making headlines, medical diagnostics services provider Sonic Healthcare took a hit today following the release of its FY21 results that fell short of expectations. For the period, Sonic Healthcare reported a 28% increase in revenue to $8.8bn and net profit of $1.3bn. Despite the strong results, Sonic fell short of Goldman Sachs’ estimates of a net profit at $1.33bn and estimated revenues of $9.4bn.

And the Commonwealth Bank of Australia rallied today after announcing it will be opening delegated vaccination centres to help employees and their families get vaccinated faster during this global pandemic.

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