- The ASX200 is trading 0.13% higher at 7450.90 after lunch.
- Bluechiip skyrockets 80% after announcing a 2-year deal with FISI.
- GQG Partners raised $1.2bn in its highly anticipated ASX debut.
The Australian market is trading 0.13% higher today at 7450.90 after lunch as a tech stock rally leads gains on the key index while the utilities sector is taking the biggest hit today.
The tech sector is trading more than 1% higher today, boosted by Codan surging 3.73%, Afterpay gaining 3.08% and Megaport is trading 2.85% higher.
Bitcoin is trading 1.84% higher over the last 24-hours at US$62,845 at 1:30pm AEDT.
Bluechiip, a patented IT-based temperature and identification tracking solutions for biosamples tech company, is skyrocketing 80% today after the company announced it has signed a two-year licence and development agreement with FISI (Fujifilm Irvine Scientific Inc.). Under the deal FISI will pay Bluechiip to customise and develop a range of technologies for the IVF market segment to improve traceability of samples for FISI.
Making headlines, US-based asset management firm GQG Partners has hit the ground running on its highly anticipated ASX debut today. Following an IPO at $2/share raising $1.2 billion, shares in GQG Partners surged 6% in morning trade to a high $2.13/share before retreating to trade around $2.08 after lunch.
And US retail giant Walmart is launching Bitcoin ATMs into 200 of its US stores through a partnership with coin-cashing machine company Coinstar and crypto-cash exchange company Coinme.