- ASX200 is trading 0.32% lower today at 7042.7.
- Afterpay caught in tech sell off despite strong Q3 results released.
- Airport worker tested positive to COVID-19 as NZ travel bubble starts.
The tech sector is being weighed down by Altium?s 4.27% loss in addition to more than 1% losses for Nuix, Xero and Megaport.
The Australian market is trading 0.32% lower at 7042.7 at 1pm AEST as all but two sectors falling, with gold miners taking the biggest hit.
Bitcoin continues to slump at 1pm AEST, trading 4.97% lower at US$54,236.4.
Afterpay is trading lower today despite releasing strong performance results for Q3. The BNPL giant reported underlying sales growth of 104% from the same period a year earlier and active customer growth up 75% to 14.6m, up from 8.4m a year earlier.
Making headlines, just a day after the Australia-New Zealand quarantine-free travel bubble opened, a worker at Auckland International Airport has tested positive for COVID-19. 1800 Australian?s crossed the border into New Zealand from Australia yesterday and today Auckland International Airport shares are trading 1.6% lower.
Retail giant Kmart is introducing a robot named TORY in all stores across Australia and New Zealand to track apparel inventory to a 95% accuracy level using radio-frequency identification tags to identify shelves needing refilling.