- ASX200 closed 1.06% higher at a fresh record high 7386.40.
- Zip Co plunged 6% on Q4 results despite strong growth.
- Incannex surged more than 5% on IHL international patent application.
The Australian market continued its green run to a second session, closing 1.06% higher to a fresh record 7386.40 on Thursday as the miners fuelled strong gains on the key index.
The tech sector finished the day in the green as Computershare rose 4.29%, Technology One added 2.83% and Nuix closed 2.73% higher.
Bitcoin continues to climb this afternoon, trading 3.66% higher at US$32,009.18 at 4:45pm AEST.
Buy now, pay later provider Zip Co plunged 6% today after releasing fourth quarter results. Zip reported record monthly revenue of $44.8m, quarterly total transaction volume rose to $1.8bn, quarterly revenue rose 104% to $129.9m and the strongest growth was achieved in Zip?s QuadPay business which reported a 107% year-on-year increase in revenue to $64.3m. Despite the strong results, some performance areas fell short of analyst expectations.
Making headlines, Australian-based clinical cannabinoid producer Incannex surged more than 5% today after revealing an International Patent Application has been filed for its IHL-42X development program for the treatment of obstructive sleep apnoea. The international patent protects Incannexs? IHL-42X formulation from foreign jurisdictions including North America, Japan, Europe and Australia.
And Twitter has begun testing upvote and downvote actions on Tweets in a move to copy Reddit?s popular like/dislike style buttons.