- The ASX200 closed 0.55% lower at 7485.70 on Thursday.
- Redbubble dipped on co-founder selling 5-million shares for $21m.
- Silex skyrocketed on update of key project milestone completion.
The Australian market closed 0.55% lower on Thursday at 7485.70 points as the materials, metals and mining sectors weighed down the key index. BHP was the worst performing stock today, finishing the session down 6.88%.
The tech sector rebounded from morning losses to close higher on Thursday as Altium surged more than 4.17%, while Nextdc added 2.7%.
Bitcoin is trading 5.19% higher over the last 24-hours at US$49,701.61 at 4:45pm AEST.
Online print-on-demand marketplace Redbubble dipped today after its co-founder, former CEO and current chairman, Martin Hosking sold 5-million Redbubble shares on-market yesterday. For the sale of shares, Mr Hosking will receive a total consideration of $21m, but he still remains the largest shareholder with 39.5m shares, or a 14.4% stake in the company.
Making headlines, shares in Silex skyrocketed 24% on Thursday after the company provided an update on the completion of a ?key milestone in the Zero-Spin Silicon (ZS-Si) Project?. The R&D company focused on uranium enrichment and semiconductor technologies, successfully completed the start-up of a prototype demonstration facility and testing of the ZS-Si Project.
And Spotify?s new feature allows users to make shared playlists with friends known as ?Blend? playlists, for the perfect party mix or blended music feed.