- The ASX200 is 1.17% higher on Thursday at 7382.40.
- Openpay rallies after announcing new deals with Nissan & Kogan.com.
- AnteoTech surges 7% on COVID-19 testing kit submission to the TGA.
The Australian market is rallying today, trading 1.17% higher at 7382.40 after lunchtime, boosted by a surge in tech and energy stocks.
The price of iron ore also jumped 14% overnight, back above US$100/tonne as China?s central bank injected 90 billion yuan into the banking system which helped ease investor fears related to Evergrande's debt problems.
The tech sector is leading gains on the ASX today as Afterpay is up more than 4.5%, while Computershare trades 4.10% higher and EML Payments is rallying just under 4%.
Bitcoin is trading 3.76% higher over the last 24-hours at US$43,718.45 at 1:15pm AEST.
Buy now, pay later provider Openpay is rallying today after announcing two new deals. The first deal announced is with Kogan.com to provide Openpay?s OpyPro B2B enterprise services. The second announcement shared that Openpay has signed a deal with Nissan Australia to integrate Openpay buy now, pay later services within Nissan?s 188 dealerships across Australia.
Making headlines, AnteoTech shares are surging today after the biotech company announced it has submitted its rapid diagnostic COVID-19 nasal swab test for TGA approval in Australia. AnteoTech submitted its SARS-CoV-2- antigen rapid diagnostic test for TGA approval today which, if approved, will allow the company to begin marketing, selling and using the tests in Australia.
And McDonald?s is planning to phase out plastic toys in its ?Happy Meals? worldwide by 2025, and will replace them with 3D cardboard superheroes and other sustainable options.