S&P/ASX 200 (INDEXASX:XJO) has gained 0.84% to 7,202 by 12.55 pm as Australia’s economy grew by 1.8% in the first three months of 2021 compared to the final three months of 2020.
This was ahead of a 1.5% growth that economists were expecting.
Annual growth was expected to be 0.7%, but the Australian Bureau of Statistics reported that GDP has increased by 1.1% over the past 12 months.
Acting Premier James Merlino has extended the lockdown in Melbourne with only five reasons to leave home for another week: shopping for food and supplies, authorised work and study, care and caregiving, exercise and getting vaccinated.
Restrictions in regional Victoria will be eased from tomorrow night, with the five reasons to leave home to be removed.
Today’s top gainers on the ASX include Alta Zinc Ltd (ASX:AZI) (+1,383.33%), Argonaut Resources NL (ASX:ARE) (+12.50%), Astro Resources N.L. (ASX:ARO) (+25.00%), Carnavale Resources Limited (ASX:CAV) (+14.29%), Emperor Energy Ltd (ASX:EMP) (+16.13%), Ioneer Ltd (ASX:INR) (+14.49%) and Montem Resources Corp (ASX:MR1) (+11.11%).
Proactive news headlines:
Elementos confirms broad tin zones at Oropesa Project and begins feasibility development programs
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Kin Mining capitalises on robust gold prices and enhances Cardinia economics with royalty purchase
Azure Minerals reveals two new nickel-copper sulphide zones at Andover
Azure Minerals Limited (ASX:AZS) (OTCMKTS:AZRMF) has discovered two new broad zones of nickel-copper sulphide mineralisation at its flagship Andover Nickel-Copper Project near Port Hedland in WA.