ASX 200 drops 0.8%, Pointsbet jumps, Beach sinks on Friday 30 April 2021

The S&P/ASX 200 Index (ASX: XJO) dropped by around 0.8% to 7,026 points.

Here are some of the highlights from the ASX:

Pointsbet Holdings Ltd (ASX: PBH)

Pointsbet saw its share price rise by 7.4% after releasing its update for the quarter ending 31 March 2021.

Total turnover increased 236% to $905.2 million. Pointsbet’s gross win, being the profit of client’s losing bets against the clients who won bets, saw growth of 275% to $100.5 million.

The net win, which includes promotional costs, saw growth of 246% to $64.9 million.

Pointsbet’s number of active clients rose 169% to 285,500.

It was the best performer in the ASX 200.

The Beach Energy share price plunged 24.1% after releasing a business update. It was the worst…



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