Virgin has successfully re-listed on the ASX, but will this IPO bring more companies towards listing on the market again?

MARKET WRAP:

• ASX200: up 0.95% to 8,555
• GOLD: $3,327 US/oz
• BITCOIN: $161,587 AUD

• BHP rose 2.4%, Fortescue up 4.8%, and Rio Tinto was just over 3% higher.
• Commbank up 2.1%, NAB up 2.2%, Westpac 2.6% higher and ANZ rising 1.4%.
• Virgin’s IPO was welcomed by investors, the price rising more than 11% from its initial point of $2.90 to $3.23
• Qantas shares up another 2.4% to $10.32.
• Greatland Resources climbing 44% to $7.30 by the close
• Wisetech Global up 2.5% and Pro Medicus up 2.6%
• Woodside fell 6.5%, Santos dropped 1.5%, and Viva Energy fell 3.2%.
• Origin Energy was 2.5% lower, with APA Group falling 1.7% – as it also announced its dividend.
• Treasury Wine Estates took a tumble of 0.9%

CURRENCY UPDATE:

• AUD/USD: 65 US cents
• AUD/GBP: 47.8 pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 94 Japanese yen
• AUD/NZD: 1.08 NZ dollars