- ASX200 closes Friday?s session 1.34% lower at 6793.80.
- Fatfish soars following asset acquisition and BNPL launch.
- Facebook apologises for blocking essential Australian profiles.
The Australian market closed 1.34% lower at 6793.80 on Friday as the miners and Csl weighed on the key index.
The ASX remains virtually unchanged for the week but has gained 3.14% year-to-date.
Tech stocks finished flat today as Zip Co and Afterpay?s gains were offset by Iress and Xero?s losses.
Bitcoin is trading around US$51,700 at 5:30pm AEDT, with the surge this week boosting Bitcoin?s YTD growth to 76.12%.
Elon Musk is endorsing Bitcoin again, describing the world?s largest cryptocurrency as a better asset to hold than conventional cash.
Fatfish group surged as high as 10% today and 300% YTD, following its acquisition of assets announcement earlier in the week and an update on its BNPL launch today.
Making headlines, Facebook executives have apologised for blocking some Australian emergency services and health pages and information yesterday as Treasurer Josh Frydenberg warned the Australian Government is not backing down from implementing its news media laws.
And Google Meet?s new update is enhancing virtual learning through allowing students to download and use numerous ed-tech tools.