- The ASX200 is trading 0.12% lower today at 7406.20 after lunch.
- Laybuy shares surge 14% on Q2 update including record GMV.
- Qantas shares hit a 52-week high on international flights starting earlier.
The Australian market is trading 0.12% lower at 7406.20 after lunchtime as metals and mining, energy and resources stocks weigh down the key index.
The tech sector is trading slightly lower today as Megaport?s 3.44% loss offsets more than 2% gains for Appen and Altium.
Bitcoin is trading 2.45% lower over the last 24-hours at US$62,980.38 at 1:30pm AEDT.
Laybuy shares are surging 14% today after the buy now, pay later company released its quarterly update. For the second quarter, Laybuy reported a new debt facility with US speciality lenders Partners for Growth (PFG) of ?30 million to support UK loan book growth, record gross merchandise value of NZ$206m for Q2, and active customer growth of 57% YoY to 889,000.
Making headlines, Qantas shares are taking flight today after the national carrier announced it is bringing forward plans to reopen popular international flight routes today. Qantas announced it will launch a new flight from Sydney to Delhi from December 6, and restart flights from Sydney to Singapore from November 23, Fiji from December 7, and Phuket and Johannesburg from January 2022. The flights restarting will also recall staff who had been stood down from Qantas and Jetstar.
And Japanese startup Icoma has developed a prototype of its Tatamel electric motorbike that can be folded to fit under an average desk.