By Oliver Gray
Investing.com - The S&P/ASX 200 added 36.3 points or 0.5% to 6,998.1 during Wednesday’s trade, snapping two sessions of consecutive losses as market participants monitored a fresh slew of corporate earnings results.
Among reporting companies, Wisetech Global Ltd (ASX:WTC) boosted the info tech sector, surging 12.8% as the company reported an 80% increase in profits to A$194.6 million despite ongoing global supply chain disruptions.
Block Inc (ASX:SQ2) dipped 1.5% Appen Ltd (ASX:APX) lost 0.5%, Megaport Ltd (ASX:MP1) added 1.9% and Link Administration Holdings Ltd (ASX:LNK) gained 2.1%.
EML Payments Ltd (ASX:EML) shed 10.6% to trade at seven year lows after discovering fraudulent activity within its Sentenial business, resulting in losses up to A$7.9 million.
Domino's Pizza Enterprises Ltd (ASX:DMP) added 7.6% after reporting the acquisition of 287 stores in Malaysia, Singapore and Cambodia.
Meantime, Iluka Resources Ltd (ASX:ILU) advanced 9.9% per cent while Worley Ltd (ASX:WOR) lifted 6.2% as both companies issued upbeat outlooks.
On the bond markets Australia 10-Year rates were at 3.649% while United States 10-Year yields were at 3.044%.
In New Zealand, the NZX 50 added 0.1% to 11,655.3.