Tyro Payments jumped 3% following a significant increase in total weekly payment value.
ASX closed flat; Tyro Payments rallied on weekly update; Woodside rose on new production facility
The ASX200 closed Monday’s session 0.34% higher at 7441 points.
Tyro Payments surged 3% as weekly payment value increased last week.
Woodside rose 3% on WA govt. announcement of new production facility.
The Australian market maintained momentum in afternoon trade to close Monday’s session 0.34% higher at 7441 points as a rally for energy stocks led gains on the key index. Mineral Resources was the biggest winner to start the week, closing the session up 9.29%.
The tech sector finished Monday’s session in negative territory as Nearmap fell 3.57%, EML Payments shed 3.15% and Afterpay lost 2.70% to start the week.
Bitcoin is trading 1.52% higher over the last 24-hours at US$61,944.25 at 4:45pm AEDT.
Tyro Payments started the week with a 3% share price increase on Monday following the release of the company’s weekly update. The fintech company reported its total payment value significantly increased week-on-week last week to $621m, with the same week a year earlier seeing $437m processed through Tyro’s systems. The rise last week corresponds to Victoria coming out of lockdown.
Making headlines, Woodside shares jumped 3.70% today after the West Australian government announced Woodside is set to invest more than $1bn to build a hydrogen and ammonia production facility in WA. H2Perth is the first phase of the facility with construction planned to commence in 2024 pending regulatory and commercial approvals.
And a Jamba Juice robot has gone viral on TikTok for failing at the job it was specifically made to do; the robotic arm shook while pouring the juice into the cup which made the content spill over the counter, missing the cup.
Read the full story
in the Grafa app
To read the full article and more in the Grafa app, available on all app stores.
Track the trends
Get the hot tips first
Stay close to your investments
Learn to trade like a pro
Let your money entertain you