Australias private capital expenditure rose in the fourth quarter but firms plan to raise their investment in 2022-23, data released by the Australian Bureau of Statistics showed Thursday. Total capital expenditure grew 1.1% in the fourth quarter. Investment in buildings and structures was up 2.2%, while equipment, plant and machinery investment fell 0.1%. On a yearly basis, total capex expanded 9.8% in the fourth quarter. […]
Real Estate stocks were trading in red, with the S&P BSE Realty Index index decreasing 200.94 points or 5.7% at 3321.57 at 13:51 IST.
Auto stocks were trading with losses, with the S&P BSE Auto index decreasing 1280.2 points or 4.99% at 24391.68 at 13:51 IST.
Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 89.35 points or 5.13% at 1653.83 at 13:51 IST.
Shri T. N. Manoharan is a qualified Chartered Accountant, Law graduate and has completed IFRS certificate level online learning and assessment programme of the Institute of Chartered Accountants in England and Wales.
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