Text-only (non-video) report.
The Australian sharemarket opened higher and momentarily dipped into red waters in the early hours of trade, before blue-chip shares propelled the benchmark index past the 7100 mark. The post-pandemic intraday high was powered by banking and mining heavyweights, as BHP (ASX:BHP)
, Rio Tinto (ASX:RIO)
and NAB (ASX:NAB)
all edged higher by lunchtime.
At noon, the S&P/ASX 200 is 0.73 per cent or 51.80 points higher at 7119.70.
The SPI futures are pointing to a rise of 55 points.Best and worst performers
The best-performing sector is Health Care, up 1.46 per cent. The worst-performing sector is Information Technology, down 0.66 per cent.
The best-performing stock in the S&P/ASX 200 is Nearmap (ASX:NEA)
, trading 14.56 per cent higher at $2.36. It is followed by shares in Janus Henderson Group (ASX:JHG)
and Brickworks (ASX:BKW)
The worst-performing stock in the S&P/ASX 200 is Flight Centre Travel Group (ASX:FLT)
, trading 4.28 per cent lower at $15.45. It is followed by shares in Netwealth Group (ASX:NWL)
and Austal (ASX:ASB)
.Commodities and the dollar
Gold is trading at US$1779.90 an ounce.
One Australian dollar is buying 77.34 US cents.