Business
Why Afterpay, Piedmont Lithium, ResApp, & Santos are charging higher
In late morning trade the S&P/ASX 200 Index (ASX: XJO) has followed the lead of US markets and is trading notably higher. At the time of writing, the benchmark index is up 0.8% to 6,765.3 points.
Four ASX shares that are climbing more than most are listed below. Here’s why they are charging higher:
The Afterpay share price is up 4% to $115.34. Investors have been buying Afterpay and other tech shares on Friday after a strong night of trade on the Nasdaq index. Thanks to solid gains by the likes of Amazon, Facebook, and Tesla, the tech-heavy index rose a sizeable 2.5%. This has led to the S&P/ASX All Technology Index (ASX: XTX) rising 2.4% this morning.
Piedmont Lithium Ltd (ASX: PLL)
The Piedmont Lithium share price has…
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