Business news

    ASX200 down; Singular Health ASX debut; ?I Miss My Bar? launches

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    Highlights
    • ASX200 0.53% lower at 6813.60 points.
    • Singular Health debuts on ASX.
    • ?I Miss My Bar? launches to reminisce on pub visits.

    The tech sector is down today as Nearmap plunges 7.3% after a negative short-seller publication slamming its US operations.

    The Australian market is 0.53% lower just after lunchtime at 6813.60 as the miners weigh down the key index.

    Bitcoin has set another record after hitting US$48,900 for the first time. The cryptocurrency has gained more than 6.5% in the last 24 hours and almost 65% year-to-date.

    Making headlines, Australian-based medical imaging company Singular Health has debuted on the ASX with an IPO of AUD$6M. Singular Health opened with a price of 20c/share and has surged 87.5% to 37.5c/share through morning trade.

    Meanwhile, Victoria is entering a snap five-day lockdown amid a growing coronavirus cluster from a hotel quarantine site. The confirmed UK-strain of the virus has now been transmitted to 13 people in the community.

    And a Mexican entrepreneur has launched ?I Miss My Bar?, an interactive audio experience to reminisce on pre-pandemic pub visits. Listeners can choose the types of bar sounds, weather outside and chatter in the room to build the full experience.

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