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The Market Wrap with Kyle Rodda, Senior Financial Market Analyst at Capital.com

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With Australian healthcare companies performing strongly, do we still need to look overseas for bigger markets?

  • ASX200: down 0.1%, 8550
  • GOLD: $3,348 US/ounce
  • BITCOIN: $164,720
  • Xero was a drag on the tech sector, down 5.3% to $184 after confirming to the market it had successfully completed the acquisition of American payments business Melio.
  • Wisetech losing 0.6%, Technology One falling 1.1% and Life360 dropping 1.8%.
  • Adairs lost 3.7% and Nick Scali lost 3.5%.
  • Down more than 1% was Goodman Group, Sigma Healthcare and Northern Star.
  • Pilbara Minerals gained 5.6% on the news that Vanguard had become a substantial shareholder.
  • While Droneshield continued its strong run, up 11.7% to $2.39 today.
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