- ASX200 has gained 0.59% at 6880.70 to close in the green.
- Afterpay continues to soar on multiple broker upgrades.
- Amazon to add 500 jobs in Australia over 3 years.
The Australian market has started the week in the green, ending the session 0.59% higher at 6880.70 points, in the highest close for the ASX200 since Feb. 24 last year.
The miners led the gains today, with Ioneer surging 8.64%, Imdex climbing 7.25% and Lynas Rare Earths adding 6.07% higher.
The tech sector finished today?s session 0.89% higher; EML Payments and Nextdc each gained more than 2%.
Bitcoin is trading above US$38,700 at 5pm AEDT, US$5000 higher than this time last week.
In tech news, Afterpay hit a fresh record high share price today at AUD$156.50 after Seaport Global increased its share price target to $175/share paired with a buy rating. Just a week ago, Bell Potter upgraded its price target for Afterpay and said the BNPL giant?s partnership with Westpac BaaS could help the pair challenge Commonwealth Bank?s youth market-share dominance.
Making headlines, Amazon is preparing to expand its Australian presence by creating 500 jobs in South Australia over the next three years in its Web Services cloud computing subsidiary and Amazon Science divisions.
And DoorDash has found audience approval for its Super Bowl ad featuring Daveed Diggs touring Sesame Street with characters including Big Bird and Cookie Monster to showcase its deliveries on the iconic street.