- ASX200 closed 0.03% higher at 7065.6.
- Smartpay surged following fourth quarter record results.
- Auckland International Airport rallied as AUS-NZ travel bubble started.
The Australian market started the week at a fresh 13-month high, gaining 0.03% at 7065.6 as Emerald Resources and other gold miners led the gains on the key index.
Tech stocks took a hit today as Zip Co plunged more than 4%, EML Payments lost 3% and Nearmap finished the session more than 2.5% lower.
Bitcoin is rebounding from this morning?s slump to trade 0.68% higher at US$56,925.22 at 4:30pm AEST.
EFTPOS provider Smartpay rallied today after releasing fourth quarter results, which included a 97% growth in Australian acquiring revenue YoY. Smartpay also achieved a record level of transacting terminals for the quarter at 6754, up from 5775 the previous quarter.
Making headlines, Auckland International Airport surged in today?s session as the Australia-New Zealand quarantine-free travel bubble officially commenced. Travellers will be able to go freely across the ditch without having to quarantine at either end for the first time in over 400 days.
And the Biden administration is turning to social media platforms like Twitter, Facebook and Snap to promote the campaign for vaccine eligibility in a bid to target populations who may have higher rates of vaccine hesitancy.