- ASX200 closed 0.90% higher at 7326.90 on Wednesday.
- Damstra rallied 5% on multi-year deal with NBN for its software solution.
- Ramsay Health Care rallied on a positive broker note from Citi.
The Australian market closed 0.9% higher at 7326.90 on Wednesday as the tech sector led losses on the key index. Consumer staples and healthcare stocks also posted notable gains for the midweek session.
The tech sector was the winning sector today as Afterpay and Nearmap both gained more than 4% while Wisetech Global, Xero, Appen and Nuix each added over 3%.
Bitcoin is relatively flat, trading just 0.08% higher at US$34,700 at 4:45pm AEST.
Investors bought into global leading enterprise solutions tech company Damstra today, boosting the share price almost 5% after the company announced it had signed a multi-year Master Services Agreement (MSA) with existing customer NBN Co. The deal will see Damstra supply its dedicated workforce management platform to NBN to service its 25,000 workers and contractors.
Making headlines, Ramsay Health Care rallied today after Citi released a positive broker note about Ramsay which is Australia?s largest operator of private hospitals in the country. Citi noted that Ramsay has increased its offer for Spire Healthcare to 250 pence/share, maintaining its buy rating on Ramsay in response.
And McDonald?s Australia has axed the McVeggie burger from its menu due to lack of demand for the health, plant-based alternative.