Webjet Limited (ASX:WEB) is a digital travel business spanning both global consumer markets (‘B2C’) and wholesale markets (‘B2B’). It was established in 1998 and now claims to be the leading online travel agency (OTA) in Australia and New Zealand. Webjet says it was the world’s first to use ‘Travel Services Aggregator’ technology and is now leading the industry in blockchain innovation.
The S&P/ASX 200 (INDEXASX: XJO) is set to open higher on Thursday, building on the positive start to the new financial year. Here’s what you need to know.
Shares within the travel industry are soaring this week. COVID-19 knocked travel industries for six, but they are coming roaring back now.
As expected and highlighted in our previous article, the returns and results have been mixed from the ASX’s most recent spate of capital raisings.
The S&P/ASX 200 (ASX: XJO) was trading down 0.83% at lunchtime today.
Cochlear, Webjet, Flight Centre… for the most part, it seems ASX investors have welcomed the latest patch of capital raisings.
The Webjet Limited (ASX:WEB) share price was trading 8.33% higher today following news it had raised too much capital.
Australia’s share market, or the All Ordinaries (ASX: XAO), is down 0.9% at lunch. Webjet Limited (ASX: WEB) Carsales.Com Ltd (ASX: CAR) and Qantas (ASX: QAN) were moving the Australian share market.
You won’t be heading to packed nightclubs any time soon, but you may be walking around a retail store within the next few months – Forager’s Steve Johnson.
So far companies like QBE Insurance Group Ltd (ASX: QBE), Webjet Limited (ASX: WEB), Flight Centre Travel Ltd (ASX: FLT) and Cochlear (ASX: COH).
