- The ASX200 is trading 0.63% higher at 7357.40 after lunchtime.
- Payright soars 8% following the release of Q1 FY22 results.
- Qantas & other travel shares rally on NSW international border opening.
The Australian market is trading higher again today, up 0.63% at 7357.40 following a strong session on Wall St overnight and a surge in materials and tech stocks on the ASX today.
The tech sector surge is led by Appen trading 3.76% higher, Nearmap up 3.08% and Nextdc jumping 2.66%.
Bitcoin is trading 0.06% lower over the last 24-hours at US$58,340.66 at 1:30pm AEDT.
Buy now, pay later provider Payright is soaring more than 8% today after releasing its FY22 Q1 results. For the three months ended September 30, Payright reported its fifth consecutive quarter of Gross Merchandise Value growth of 72% on the prior corresponding period (PCP) to $27.6m, 58% growth of customers from the PCP to 59,300 and fee income of $3.8m, up 45% on the PCP.
Making headlines, Qantas and other travel shares are taking off today following the announcement from NSW Premier Dominic Perrottet said he will open NSW?s international borders for Australians and overseas citizens to come into NSW from November 1 without the need for 14-days hotel quarantine, as long as they meet certain conditions. Qantas shares are also boosted today after the company announced it has agreed to sell its surplus land in Mascot, NSW for $802m.
And Clubhouse has expanded into the live music space through launching its ?Music Mode? making it a better place to play and listen to live music as musicians broadcast high quality live music through the platform.