Read more about Australia S&P/ASX200 closes above the 7,300 level on Business Standard. At closing bell, the benchmark S&P/ASX200 added 32.30 points, or 0.44%, to 7,302.50, a new 52-week high. The broader All Ordinaries rose 36.81 points, or 0.49%, to 7,558.80.
The Australian share market finished session sharp higher on Wednesday, 02 June 2021, as a wide range of issues attracted buying after the country s first-quarter GDP came in better than expected 1.8% growth in the March quarter 2021, with Australian economic activity has recovered to be above pre-pandemic levels.
At closing bell, the benchmark S&P/ASX200 was up 75.25 points, or 1.05%, up at 7,217.82.
The broader All Ordinaries rose 76.77 points, or 1.04%, to 7,468.87.
Total 9 of 11 S&P/ASX200 sectors were higher, with the best performing sectors were energy (up 4.05%), followed by utilities (up 2.64%), real estate (up 1.97%), materials (up 1.92%), consumer discretionary (up 1.28%), and industrials (up 1.25%), while information technology (down 1.09%) and healthcare (down 0.48%) were worst performing sectors.
Read more about SEAMEC incorporated JV - SEAMEC NIRMAN INFRA on Business Standard. The primary object of this joint venture is to bid for and execute contracts, whether on consortium basis or joint venture or otherwise, whether awarded directly to the Company or outsourced or procured for construction and erection of roads,