Australian shares hit a two-month high on Monday as OZ Mineral shares popped 35 per cent on BHP’s takeover bid. Suncorp Group and Aurizon both fell after reporting full-year results.
The tech sector surged 4.6 per cent on Monday as risk assets rallied on hope the US’s rate of inflation has peaked. Brent crude oil topped US$116 a barrel.
Afterpay’s loss after tax ballooned to US$345. 5 million in the first six months of 2021. In a sign that the buy now, pay later (BNPL) bubble has well and truly burst, Afterpay-owner Block releas