Connect with us

Business

Flight Centre & Webjet jump, Afterpay sinks

Published

on

ADVERTISEMENT

At lunch on Thursday the S&P/ASX 200 Index (ASX: XJO) is out of form again and dropping notably lower. The benchmark index is currently down 0.9% to 6,652 points.

Here’s what is happening on the market today:

Travel shares jump

News that the Federal Government has announced a major stimulus package to support the domestic tourism sector has given travel shares a boost today. The likes of Flight Centre Travel Group Ltd (ASX: FLT), Qantas Airways Limited (ASX: QAN), and Webjet Limited (ASX: WEB) are also pushing higher. They are expected to benefit from the government’s plan to introduce a $1.2 billion package that will see certain regional…



Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending