- ASX200 is trading 0.2% higher at 7028.50 on Monday.
- EML Payments enters trading halt over Irish Central Bank concerns.
- Crown rejects Blackstone?s takeover bid & requests more info from Star.
The tech sector is back in positive territory to start the week as gains for Xero, Codan and Altium offset a more than 11% loss for Nuix.
The Australian market has started the week in the green, trading 0.2% higher at 7028.5 at 1:15pm AEST boosted by strong gains amongst the gold miners.
Bitcoin continues to plummet in the aftermath of Elon Musk?s latest Tweet about Tesla possibly offloading Bitcoin. The world?s largest cryptocurrency is trading 7.5% lower at US$44,546.70 at 1:15pm AEST.
Australian-based payments provider EML Payments has entered a trading halt this morning pending an announcement in relation to significant regulatory concerns raised by the Irish Central Bank for Prepaid Financial Services, a company EML acquired on March 31st 2020.
Making headlines, Crown Resorts has rejected Blackstone?s takeover bid following legal and financial advice, whilst also requesting more information from The Star Entertainment group regarding the merger proposal offered. The Crown's board has requested Star to provide specific information to better understand the preliminary matters.
And investigations into the fatal Tesla crash have revealed the driver killed in the crash had previously praised Tesla for its ?full self-driving? mode and had posted videos to TikTok driving without his hands on the wheel on occasions before the fatal crash.