Business
Why Flight Centre, Fortescue, Kogan, & Telix shares are racing higher
In afternoon trade the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up 0.2% to 6,603.5 points.
Four shares that are climbing more than most today are listed below. Here’s why they are racing higher:
Flight Centre Travel Group Ltd (ASX: FLT)
The Flight Centre share price has climbed 2% to $17.61. This may have been driven by news that the UK is going to start rolling out the Pfizer COVID-19 vaccine next week. There is also speculation that the vaccine could be released sooner than expected in Australia. This could be a big boost to global travel markets.
Fortescue Metals Group Limited (ASX: FMG)
The Fortescue share price has jumped 11.5% higher to $20.33….
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