Business
ASX 200 drops 0.8%, Pointsbet jumps, Beach sinks on Friday 30 April 2021
The S&P/ASX 200 Index (ASX: XJO) dropped by around 0.8% to 7,026 points.
Here are some of the highlights from the ASX:
Pointsbet Holdings Ltd (ASX: PBH)
Pointsbet saw its share price rise by 7.4% after releasing its update for the quarter ending 31 March 2021.
Total turnover increased 236% to $905.2 million. Pointsbet’s gross win, being the profit of client’s losing bets against the clients who won bets, saw growth of 275% to $100.5 million.
The net win, which includes promotional costs, saw growth of 246% to $64.9 million.
Pointsbet’s number of active clients rose 169% to 285,500.
It was the best performer in the ASX 200.
The Beach Energy share price plunged 24.1% after releasing a business update. It was the worst…
-
General24 hours agoAustralia’s Myanmar community mourns earthquake losses
-
Noosa News23 hours agoAustralian growers expect to benefit from US tariffs as Trump’s trade war angers markets
-
Noosa News20 hours agoDisaster relief packages announced for flood-stricken western Queensland
-
Noosa News23 hours agoHow to get the most from potted citrus and when they’ll fruit