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Why EML, NextDC, Qantas, & Recce shares are racing higher

Why EML, NextDC, Qantas, & Recce shares are racing higher James Mickleboro | April 7, 2021 11:44am | More on: In late morning trade, the  S&P/ASX 200 Index (ASX: XJO) is on course to record another decent gain. At the time of writing, the benchmark index is up 0.5% to 6,919.6 points. Four ASX shares that are climbing more than most today are listed below. Here’s why they are racing higher: The EML share price is up almost 10% to $5.64 after announcing the acquisition of Sentenial Limited for up to 110 million euros (~A$170.7 million). Sentenial is a leading European Open Banking and Account-to-Account (A2A) payments provider, utilising a cloud-native, API-first, full stack enterprise grade payment platform. Its customers include 4 of the top 7 banks in the United Kingdom and some of the largest merchant acquirers in Europe.

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