Business news

    ASX200 lower; EML Payments soars; Crown Perth Casino inquiry

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    Highlights
    • ASX200 0.66% lower at 6871.90 points.
    • EML Payments soars on strong H1 results.
    • Crown Resorts faces Perth casino inquiry.

    Tech stocks are down 2.17% just after lunchtime as the impact of losses for Appen, Afterpay and Nextdc is minimised by EML Payments soaring 18.88%.

    Zip Co is taking the biggest hit today, down 15.01% at AUD$11.83/share as investors sell-off to collect profits from large gains in recent weeks.

    The Australian market is down today, dragged by the gold miners.

    Bitcoin is trading near record highs at US$49,800.57 at 1:45pm AEDT, having gained 3.13% in the last 24 hours.

    In tech news, EML Payments has reported a 61% hike in revenue to AUD$95.3 billion.

    Making headlines, the Gaming and Wagering Commission of WA has formally recommended an independent inquiry into Crown Perth?s suitability to hold a casino licence one week after Crown was found to be unsuitable to operate its new Barangaroo casino in Sydney.

    And Apple?s new iOS 14.5 update includes more skin shades on emojis, helmets on certain emojis and women with facial hair to further promote safety and inclusion in society.

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