- ASX200 is trading 0.52% higher at 7082.8 after midday.
- Pepper Money struggles on ASX debut, trading 7.8% lower at midday.
- Doctor Care Anywhere surges on Nuffield digital development deal.
The tech sector surged at market open but has since retraced to trade 0.25% higher as Nuix is weighing down the sector with a near 4% loss. Technology One and Codan are up around 2% so far for the session.
The Australian market is trading higher again today, up 0.52% at 7082.80 around 1:30pm fuelled by strong gains in the Metals and Mining sector.
Bitcoin continues to trend higher this afternoon, trading around US$38,377.81 up 8.49% in the last 24-hours.
Australian-based non-bank lender Pepper Money has struggled on ASX debut today, currently trading 7.8% lower at $2.67/share. Pepper had an IPO at $2.89/share and raised $500.1 million through issuing 173.2 million new shares, which will be used to pursue growth opportunities and partially repay loans.
Making headlines, UK telehealth-based Doctor Care Anywhere is surging 11% today after announcing it has signed a deal with Nuffield Health; one of the UK?s largest not-for-profit healthcare organisations, to develop a digitally integrated in-person and virtual primary care service.
And Netflix entering the gaming industry is increasingly becoming a reality. The streaming giant has previously dipped its toe into games but the latest report indicates a new bundle for Netflix subscribers will include a gaming element as it looks to hire an executive to oversee gaming efforts.