Business
ASX 200 rises, Zip (ASX:Z1P) flies, bank ratings upgraded on Tuesday 13 April 2021 – The Motley Fool Australia
The S&P/ASX 200 Index (ASX:XJO) ended slightly higher today. However, Zip Co Ltd (ASX:Z1P) flew higher after revealing its quarterly numbers.
The S&P/ASX 200 Index(ASX: XJO) went up by 0.04% to 6,977 points.
These are some of the highlights of the ASX from today:
The Zip share price went up by around 17% today in reaction to the buy now, pay later company’s FY21 third quarter update.
Zip revealed record group quarterly revenue of $114.4 million – up 80% year on year. It also saw quarterly transaction volume growth of 114% to $1.6 billion. Zip experienced record transaction numbers of 12.4 million, up 195%.
Customer numbers increased by…
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