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Sezzle skyrocketed after Target in the US officially launched Sezzle BNPL services.

ASX closed green; Sezzle skyrocketed on Target launch; Collins Foods soared on KFC international growth

The ASX200 closed 0.7% higher at 7256.70 on Thursday.

Sezzle skyrocketed 14.6% after Target US launched its BNPL services.

Collins Foods soared 6.93% following KFC agreement in the Netherlands.

The Australian market’s see-saw week continued on Thursday as the ASX closed 0.7% higher at 7256.70 in a tech-led rally that saw all sectors besides energy close the day in positive territory.

The tech sector’s leading charge today was driven by Megaport surging just under 4%, Codan adding 3.44% and EML Payments finishing the session 3.34% higher.

Bitcoin is trading 5.75% higher over the last 24-hours at US$54,677.40 at 4:30pm AEDT.

US-based BNPL provider Sezzle skyrocketed 14.6% today after US retail giant Target announced the official launch of buy now, pay later offerings of Sezzle and Affirm as the busy holiday season fast approaches. Sezzle will be available across Target’s 1909 stores in the US.

Making headlines, Collins Foods soared 6.93% on Thursday after the restaurant operations company announced it has secured a new corporate franchise agreement to operate its KFC brand in the Netherlands. Collins Foods plans to open 130 new KFC stores in the Netherlands over the next 10-years.

And Netflix is removing the phone number featured on the ‘Squid Game’ card in the highly popular new series after the person whose number it is in reality complained about getting prank calls day and night from countless fans of the show.

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