By Nichiket Sunil — Apr 07 - 11:40 PM
• ASX-listed shares of Block soars as much as 11.8% to A$85.920; marks biggest intraday pct gain since February 2024
• Bitcoin-based revenue makes up ~40% of technology co's top line
• Bitcoin stabilises on the day after plunging to five-month low on Monday, while investors await further clues on the global economy's trajectory amid an escalating trade war
• XYZ last up 10.8%, trimming YTD losses to 39.6%
(Reporting by Nichiket Sunil in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters
