- ASX200 closed 0.15% higher on Friday at 7030.3.
- Webjet surged on Goldman Sachs buy rating and share price target.
- Telstra slapped with formal warning for ID verification breaches.
The Australian market overturned morning losses to close Friday?s session 0.15% higher at 7030.30 as health and consumer staples stocks boosted the key index.
The tech sector posted a notable gain to close Friday?s session driven by EML Payments surging 15.46%, Xero gaining 4.24% and Nuix closing 3.52% higher.
Bitcoin is steady this afternoon, trading at US$39,620.07, up 0.42% in the last 24-hours.
Webjet shares surged today after Goldman Sachs released a positive broker note about the online travel booking service, reaffirming its buy rating and $6.40 price target for Webjet shares.
Making headlines, Telstra has been hit with a formal warning from the telecommunications watchdog for inadequate identity checks at least 52 times in mid-2020 during number porting requests. The porting process involves rigorous checks to ensure a customer switching provider doesn?t have their number hijacked midway through the transition, potentially exposing them to identity theft.
And Snap?s new Spectacles glasses allow users to see the world in augmented reality through dual waveguide displays able to superimpose AR effects made with Snapchat?s software tools.