Business
ASX 200 up 0.7%: Zip capital raising, A2 Milk trading halt, Sydney Airport dividend update – Motley Fool Australia
A2 Milk Company Ltd (ASX:A2M) and Zip Co Ltd (ASX:Z1P) shares are in the headlines on the ASX 200 on Thursday…
At lunch on Thursday the S&P/ASX 200 Index (ASX: XJO) is on course to build on yesterday’s solid gain. The benchmark index is currently up 0.7% to 6,726.8 points.
Here’s what is happening on the market today:
Zip capital raising.
The Zip Co Ltd(ASX: Z1P) share price is pushing higher today after announcing a $150 million capital raising. The buy now pay later provider has raised $120 million from institutional investors at a 4.1% discount of $5.34 per new share. It will now seek to raise a further…
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