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    APT   AU000000APT1

AFTERPAY LIMITED

(APT)
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REFILE-Miners, energy stocks drag Australian shares; Afterpay extends rally

08/02/2021 | 09:04pm EDT

Aug 3 (Reuters) - Australian shares fell on Tuesday as a slump in mining and energy stocks outweighed a sharp gain for the second day in buy now, pay later firm Afterpay.

The S&P/ASX 200 index dipped 0.3% to 7,471.6 by 0014 GMT, retreating from the previous session's record close.

Afterpay Ltd led the gains on ASX 200, jumping up to 15% to A$132 after a buyout deal with Square Inc on Monday.

Technology stocks rose 4.55%, thanks to Afterpay, followed by Appen Ltd that gained 4.2%.

Australia's mining and energy sub-index, however slumped as weak metals and oil prices weighed.

The ASX 300 metals and mining index fell 1.03%, led by Perseus Mining Ltd, down 3.7%, followed by Ramelius Resources Ltd, losing 2.82%.

Iron ore prices fell for a fifth straight session overnight, while copper prices also dipped on demand worries. {MET/L]

ASX 200 Energy index lost 0.8% on softer oil prices. The fall was led by Whitehaven Coal Ltd, down 3.6%, followed by Ampol Ltd, losing 1.3%.

Financial stocks slid 0.27%, with the big four banks falling between 0.1% and 0.5%.

Investors now look to the Reserve Bank of Australia's meeting on Tuesday where the central bank is expected to maintain the cash rate and will likely also reverse a decision to trim its bond buying programme.

Elsewhere, Japan's Nikkei was down 0.35% and S&P 500 E-minis futures were up 0.25%.

In New Zealand, the benchmark S&P/NZX 50 index rose 0.42% to 12,756.6. (Reporting by Savyata Mishra in Bengaluru)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AFTERPAY LIMITED -0.26% 126 End-of-day quote.6.78%
AMPOL LIMITED -0.73% 31.13 End-of-day quote.9.54%
APPEN LIMITED 2.35% 10.91 End-of-day quote.-55.81%
PERSEUS MINING LIMITED -2.40% 1.63 End-of-day quote.25.38%
RAMELIUS RESOURCES LIMITED 0.98% 1.545 End-of-day quote.-8.31%
WHITEHAVEN COAL LIMITED -3.02% 2.89 End-of-day quote.75.68%
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Analyst Recommendations on AFTERPAY LIMITED
More recommendations
Financials
Sales 2022 1 470 M 1 097 M 1 097 M
Net income 2022 -38,0 M -28,3 M -28,3 M
Net Debt 2022 757 M 565 M 565 M
P/E ratio 2022 -11 434x
Yield 2022 -
Capitalization 36 573 M 27 326 M 27 298 M
EV / Sales 2022 25,4x
EV / Sales 2023 16,6x
Nbr of Employees 1 300
Free-Float 77,7%
Chart AFTERPAY LIMITED
Duration : Period :
Afterpay Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AFTERPAY LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 126,00 AUD
Average target price 132,91 AUD
Spread / Average Target 5,48%
EPS Revisions
Managers and Directors
Anthony Mathew Eisen Co-CEO, Executive Director & Managing Director
Nicholas David Molnar Co-CEO, Executive Director & Managing Director
Rebecca Lowde Chief Financial Officer
Elana Rubin Independent Chairman
Dana Stalder Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
AFTERPAY LIMITED6.78%27 461
SQUARE, INC.21.80%122 413
FISERV, INC.-3.25%72 948
GLOBAL PAYMENTS INC.-25.73%46 997
FLEETCOR TECHNOLOGIES, INC.1.65%22 909
NEXI S.P.A4.65%20 704