- ASX200 is trading 0.63% lower at 7261.10 after midday.
- Camplify made a solid entrance onto the ASX in an $11.5m IPO.
- Csl shares rally on government changing age requirements of AZ vaccine.
The tech sector is the only sector in positive territory today, taking lead from the Nasdaq overnight and boosted by Nuix climbing almost 4%.
The Australian market is trading sharply lower after lunchtime, down 0.63% at 7261.10 as every sector aside from tech stocks trade in the red. Utilities stocks are leading losses in today?s session, while stocks related to stay-at-home orders like Zip Co and Afterpay are rallying.
Bitcoin is trading relatively flat at 1:15pm AEST, just 0.09% lower in the last 24-hours at US$34,401.91.
Newcastle-based Airbnb-for-campers startup Camplify debuted on the ASX yesterday in a four-times oversubscribed IPO raising $11.5m. At a time when COVID-19 lockdowns and state border restrictions are reimposed, Camplify surged from a debut share price of $1.42/share to as high as $1.50/share. Today, Camplify is trading 0.4% higher than yesterday at $1.41/share.
Making headlines, Csl shares are rallying today amid a policy change in regards to who can receive the AstraZeneca jab, with Prime Minister Morrison changing the age from anyone over 50 to adults of any age. Csl has committed to making the AstraZeneca vaccine in Australia even if the country phases it out.
The crowd attending the Wimbledon opening day inside Centre Court in London offered a standing ovation applaud for Sarah Gilbert, one of the scientists behind the Oxford/AstraZeneca COVID-19 vaccine, who was in attendance.