Monthly Archives - January 2021

Tyro (ASX:TYR) plunges after scathing Viceroy report: Aus shares close flat

15 Jan 2021 - After edging lower at the open, the Australian share market had a sea-saw session which ended flat. Most of the sectors ended in the red. Information technology led the day, capping 2.6 per cent in gains. Shares in fintech Tyro Payments (ASX:TYR) plummeted today after Viceroy Research released a scathing report on the company’s recent connectivity issue with respect to some of its EFTPOS terminals.

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BNPL Payright (ASX:PYR) soars: Aus shares 0.3% higher at noon

15 Jan 2021 - The Australian share market opened slightly lower following negative leads from Wall Street, but is currently trading 0.3 per cent higher at noon. The tech sector is the best performer this morning and buy-now, pay-later player Afterpay (ASX:APT) is leading the gains and has hit a new record share price today. Australian buy-now, pay-later player, Payright (ASX:PYR), has reported a quarter-on-quarter jump of 28 per cent in gross merchandise value to $20.6 million for the...

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Weak US jobs data counteracts stimulus hopes: Aus shares set to open lower

15 Jan 2021 - Australian shares are poised to edge lower at the open following negative leads from Wall Street. The Dow and the Nasdaq hit record highs during the sessions on optimism that President-elect Biden may propose a Covid stimulus package of up to $US2 trillion. US markets lost steam at the end of the session though and closed lower after weak labour data rolled in. Meanwhile, European shares advanced for a third straight session.

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