Business
ASX firms 0.9pc even as tech stocks take a hit – afr.com
The S&P/ASX 200 Index gained 58.3 points or 0.9 per cent on Tuesday, bitcoin quit its record breaking run, and Afterpay, Xero and the rest of the tech sector were…
The buy now pay later stocks were punished: Afterpay fell 7.2 per cent to $138.46, Zip fell 3.4 per cent to $11.96, and Sezzle fell 6.6 per cent to $10.55. Jumbo Interactive was down 7 per cent to $13.48 and Nearmap 6.1 per cent to $2.46.
COVID-19 winners Dominos Pizza, Temple & Webster and Nick Scali all dropped. Dominos fell 8.9 per cent to $95.67, Temple & Webster declined 7.7 per cent to $9.94 and Nick Scali dipped 4.5 per cent to $10.60.
Energy was a different story, rising on rallying commodity…
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