- The ASX200 closed Friday?s session 0.69% higher at 7362 points.
- Webjet rallied 4% on NSW Premier dropping international borders.
- Treasury Wine tumbled following Q1 results & management commentary.
The Australian market closed 0.69% higher on Friday at 7362 points, with all sectors aside from Utilities stocks finishing the session in positive territory. Tech and materials stocks led gains on the ASX today. For the week, the key index posted a 0.57% gain.
Appen topped the tech sector gains, finishing Friday?s session up 3.54%, followed by Nearmap surging 3.08% and Tyro Payments jumping 2.71%.
Bitcoin is trading 3% higher over the last 24-hours at US$59,693.50 at 4:30pm AEDT.
Webjet shares took flight today as investors piled into the online travel agent following the NSW premier announcing quarantine-free international travel allowed into NSW for fully vaccinated arrivals from November 1.
Making headlines, Treasury Wine shares tumbled today after the Australian-based wine making and distribution business released its first quarter results that fell short of expectations. Management commented that ?recovery of its key luxury channels impacted by the pandemic are slightly behind the expectations set at the beginning of the year?.
And Disney?s newly launched ?Genie Service? allows theme park visitors to pay for wishes to be granted including the ability to ?skip the line? at any of the rides in the theme parks.