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Epsilon Healthcare soared 20% on a new agreement with Cannim Australia.

ASX closed green; SelfWealth dipped despite AGM results; Epsilon Healthcare soared 22% on Cannim deal.

The ASX200 closed Thursday’s session just 0.02% higher at 7415.40.

SelfWealth fell 2% despite reiterating FY21 strength at AGM.

Epsilon Healthcare soared 22% on a deal with Cannim Australia.

The Australian market lost ground in afternoon trade to close the day just 0.02% or 1.7% higher at 7415.40 points as consumer staples stocks weighed down the ASX.

The tech sector extended a rally into the afternoon, driven by Nearmap gaining 2.79%, Altium adding 2.68% and Xero finishing the session 2.62% higher.

Bitcoin is trading 2.02% higher over the last 24-hours at US$64,991.13 at 4:30pm AEDT.

Australian-based online trading platform SelfWealth fell 2% today despite holding its AGM outlining the company’s key growth and achievements in the FY21. During the year of the pandemic, SelfWealth reported a 105% increase in active traders to 95,189, annual trade numbers grew 147% to 1,630,180, revenue surged 135% to $18.4m, and the company ‘delivered its first ever annual surplus in operating cash flow of $1.1m’.

Making headlines, Epsilon Healthcare soared as much as 20% during today’s session before settling at a 12% gain at the closing bell after the diversified global healthcare and pharmaceuticals company announced it has executed a binding term sheet and manufacturing agreement with privately owned Cannim Australia. Under the deal, global cannabis company Cannim has engaged Epsilon’s Southport Facility in QLD to produce medicinal marijuana products supplied by Cannim for supply in Australia and to export globally for a 2-year period.

And Amazon-owned Zoox’s self-driving vehicle successfully navigated the streets of Las Vegas, even merging through 6-lanes of traffic without running into any problems.

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