Business news

    ASX200 higher; Singular Health soars; IOUpay cops ASX 'speeding ticket'

    Article Image
    Highlights
    • ASX200 0.91% higher at 6868.50 points.
    • Singular Health up 140% since debut.
    • IOUpay enters trading halt after unexplained 98% surge.

    Tech stocks are up 1.12% just after lunch as Nearmap rebounds from last week?s short-seller controversy with a 16% surge to lead today's gains.

    Zip Co is also surging, up more than 10.5% to a new record high AUD$12.03/share as the BNPL sector continues to rally.

    The Australian market is 0.91% higher just after lunchtime at 6868.50 points, with all sectors in the green except for utilities.

    Bitcoin has dipped to US$47,129.98 after setting a fresh record high over US$49,000 earlier today.

    Making headlines, Perth-based medical imaging company Singular Health continues to impress investors since its ASX debut on Friday, trading 26% higher at today at AUD$0.48/ share and up 140% since Friday.

    In tech news, IOUpay has entered a trading halt after the BNPL player was issued with a so-called speeding ticket from the ASX over an unexplained 98% surge in its share price this morning.

    And Bill Gates? daughter has joked about a conspiracy theory regarding her genius father upon receipt of the COVID-19 vaccine. She said "sadly the vaccine did NOT implant my genius father into my brain" to poke fun at a conspiracy theory that Bill Gates is behind the vaccine to implant chip trackers into every human's brain.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa