LIVE
Trading Day: ASX lifts as travel stocks bounce back
Travel stocks rebounded as the ASX booked a modest rise on Friday.
Welcome to the Trading Day blog for Friday, 7 May 2021. Travel stocks rebounded as the ASX booked a modest rise on Friday. The S&P/ASX200 lifted 0.27 per cent to 7080.8 after being up as much as 0.56 per cent earlier in the day, while the broader all ordinaries lifted 0.26 per cent, or 19.2 points, to finish the week at 7325.2.
Travel stocks rebounded as the ASX booked a modest rise on Friday. Travel stocks Webjet and Flight Centre both put on more than 7 per cent on the day, buoyed by better virus news coming out of Sydney. Corporate Travel management also gained 6.31 per cent to finish at $17.86.
More Coverage
Join the conversation
ASX dives to two-month low; Star tumbles as seeks funds
ASX briefly erased its year-to-date gain as tariff fears and risk aversion hit global markets. Star shares drop 15 per cent as it looks at liquidity proposals. Endeavour down as profit falls. Australia Post profit jumps.
Read more
ASX ends higher; Gupta biggest Whyalla creditor
Sanjeev Gupta's GFG Alliance owed $500m from Whyalla collapse. Business investment unexpectedly falls in December quarter. Qantas rewards investors with dividend. Jobs to go as Oceania Glass Dandenong shuts.
Read more