The ASX 200 (ASX: XJO) is flying at the moment, it’s up by 1.9%.
The share market is responding very positively as restrictions start lifting, with life beginning to get back to normal.
Travel industry is soaring
Shares within the travel industry are flying right now as travel restrictions are lifting in different Australian states and indeed across different northern hemisphere regions.
Treasurer Josh Frydenberg said that jobkeeper could be extended for industries that are being heavily impacted like tourism. This would be another boost for the sector.
So far today within the ASX 200: the Webjet (ASX: WEB) share price is up 7.7%, the Flight Centre (ASX: FLT) share price is up 10.3%, the Sydney Airport (ASX: SYD) share price is up 3.7% and the Qantas (ASX: QAN) share price is up more than 4%.
Afterpay (ASX: APT) share price reaches $50
The ASX 200 buy now, pay later company continues to go higher with investors loving the growth that Afterpay is achieving.
In the latest update, Afterpay informed investors that it had reached the milestone of 5 million active US customers.
As Afterpay gets bigger it will play a bigger and bigger role in influencing the overall ASX index.
Strong gains across the ASX 200 board
Afterpay and the travel industry aren’t the only shares seeing strong rises today in the ASX 200. There is widespread market positivity.
At the top of the ASX 200 is salary packaging business Smartgroup (ASX: SIQ) which is up 11.8%. Radio business Southern Cross Media Group (ASX: SXL) is also up by 10.6% and shopping centre giant Unibail-Rodamco-Westfield (ASX: URW) has seen a share price rise of almost 10%.
The cheapest way to be invested across the entire ASX 200 is an ETF like the A200 ETF.