Business
ASX 200 up 0.7%; Zip trading update, Ampol buyback, IAG sinks
At lunch on Monday the S&P/ASX 200 Index (ASX: XJO) is on course to start the week on a positive note. The benchmark index is currently up 0.7% to 6,585.7 points.
Here’s what has been happening on the market today:
Zip Co update.
The Zip Co Ltd (ASX: Z1P) share price is edging lower despite revealing strong growth for the first four months of FY 2021. The buy now pay later (BNPL) provider delivered a 91% increase in BNPL revenue to $96.7 million for the period. Approximately $27.6 million of this was generated in October. Management also revealed that trading had been strong in November, with all regions set to deliver step change month-on-month growth.
Ampol $300 million buyback.
The Ampol Ltd (ASX: ALD) share price is jumping…
-
General22 hours agoYoung boy flown to Brisbane hospital after K’gari dingo attack
-
General8 hours agoByford rail extension opening marks final stage of Perth Metronet
-
General20 hours agoBritish and US planes fly 12-hour mission to patrol Russian border
-
Noosa News23 hours agoWarm weather could make way for rain with ‘damaging winds, large hail’