The S&P/ASX 200 Index (ASX: XJO) jumped higher today, it rose by more than 2% to 5,616 points.
Whilst the country continues to argue about the $60 billion jobkeeper miscalculation, Treasurer Josh Frydenberg spoke to the ABC to say that the travel sector could receive more support because of the ongoing lockout of international tourists.
ASX travel shares jump
As you can imagine, the potential for support of the travel industry was warmly greeted by investors of ASX travel shares.
The top performers within the ASX 200 were travel shares. The Webjet Limited (ASX: WEB) share price rocketed 15.6% higher and the Flight Centre Travel Group Ltd (ASX: FLT) share price grew 15.2%.
Other travel shares also rose. The Qantas Airways Limited (ASX: QAN) share price went up 7.2% and the Sydney Airport Holdings Pty Ltd (ASX: SYD) share price climbed 3.9%.
Afterpay Ltd (ASX: APT) hits new heights
Last week the ASX 200 buy now, pay later business announced that it had reached 5 million active customers in the US, adding one million customers during this period.
Investors can't get enough of the company with the Afterpay share price rising by almost 9% to another all-time high today.
Today saw the Afterpay share price finish at $48.50. It has been a huge turnaround from a few weeks ago when the share price was as low as $8.90.
Court win for IOOF Holdings Ltd (ASX: IFL)
ASX 200 financials business IOOF announced that it has reached an agreement for the class action with no order as to costs. IOOF won't be paying anything to the plaintiff, the lawyers (Quinn Emanuel) or the litigation funder (Regency).
The company said it was very pleased with the outcome.
