Why EML, NextDC, Qantas, & Recce shares are racing higher
James Mickleboro | April 7, 2021 11:44am |
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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.
5 things to watch on the ASX 200 on Wednesday
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Air New Zealand (ASX:AIZ) share price takes off on Trans-Tasman travel bubble news
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Qantas (ASX:QAN) shares take off as NZ-Australia bubble opens
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