- ASX200 closed 0.1 point lower at 7394.30 on Monday.
- Webjet share price hit by growing COVID-19 cases in Australia.
- Best & Less made a successful ASX debut after IPO at $2.16/share.
The Australian market overturned the morning rally to close just 0.1 point lower on Monday at 7394.30 as the gold miners and energy stocks led losses on the ASX. Silver Lake Resources was the session?s biggest loser, shedding 8.05%.
The tech sector started the week in negative territory as Nuix plummeted 4.63%, Appen fell 2.82% and Nearmap fell 2.74%.
Bitcoin is soaring this afternoon, up 12.91% in the last 24-hours at US$38,943.05 at 4:40pm AEST.
Online travel booking platform Webjet took a hit today as COVID-19 cases in Australia continue to grow. Today NSW recorded 145 locally acquired cases of the virus while Victoria recorded a further 11. Over the last 4 months the Webjet share price has fallen around 20%.
Making headlines, budget retail company Best & Less made a solid debut on the ASX today following an IPO at $2.16/share raising $60m. Best & Less shares opened trade at $2.17/share before soaring to close the day at $2.40/share
And the world?s first 3D-printed steel bridge has opened to pedestrians in Amsterdam after taking four years of research and 4.9 tonnes of stainless steel to construct.