Sydney may be in lockdown but Sydney Airport soared today!
The ASX200 closed 0.25% higher on Monday at 7425.20.
Afterpay shares dip following Square’s turbulent session on Friday.
Sydney Airport jumped 4% on the third takeover revision to $23.6bn.
The Australian market started the week in positive territory, closing Monday’s session 0.25% higher at 7425.20 as the gold miners rallied in afternoon trade to lead gains on the ASX.
Tech stocks recovered some losses in afternoon trade, however still closed the session in negative territory as losses for Afterpay and Appen offset strong gains for Nearmap and Nuix.
Bitcoin is trading 0.89% lower over the last 24-hours at US$44,789 at 4:45pm AEST.
Buy now, pay later leader Afterpay dipped more than 2% during today’s session following acquirer Square’s shares pulling back on Friday amid weakness in the US tech sector. Afterpay shares have been following the movements of Square’s since it was acquired on August 1st.
Making headlines, Sydney Airport shares jumped more than 4% today following a revised takeover bid from a consortium of infrastructure investors led by IFM. The third revision has been raised to a non-binding offer of $23.6bn or $8.75/share, up 3.5% from the prior offer of $8.45/share.
And smartDOT stickers are still being sold on Amazon for around 60 pounds despite scientists revealing the stickers have ‘no effect’ in protecting users from EMF emitted from wireless devices.
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