ASX climbs 0.50% off back of strong contribution from tech
Australia’s S&P/ASX 200 share index climbed 0.50% today to reach 6856.90 points as technology stocks led the way.
Zip Co (Z1P) was the top gainer on the ASX200 today, adding 12.2% while Afterpay (APT) continues to rise, up 4.19% as investors keep gravitating towards BNPL stocks.
Commonwealth Bank (CBA) announced their first-half profits today which were unsurprisingly down, dropping 10.8%. On top of this, they will pay an interim dividend of $1.50, a sizeable increase despite the fall in profit. Despite all this, CBA was down 1.49% for the day.
Gainers and Losers
The biggest gainers on Wednesday were:
- Zip Co +12.2%
- Viva Energy +6.3%
- Pointsbet +4.8%
- Challenger +4.7%
- IAG Group +4.6%
The biggest declines were:
- CIMIC -17.1%
- Bravura Solutions -7.5%
- Crown Resorts -3.4%
- Star Entertainment -2.8%
- Ramelius Resources -2.4%
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Disclaimer:
This article does not take into account the investment objectives, financial situation or needs of a particular person or entity. Before acting on any investment strategy or advice you should first consult with your current ASIC accredited investment professional or seek out a compliant investment professional for such.
