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Envirosuite rallied 5% on a new deal with Aeroqual.

ASX closed green; Envirosuite rallied on Aeroqual deal; NIB surged on AGM and strong growth.

The ASX200 closed 0.48% higher on Thursday at 7428 points.

Envirosuite ralled 4% on a new partnership with Aeroqual.

NIB jumped 5% after releasing AGM update & Q1 results.

The Australian market continued a green streak into Thursday, closing the session 0.48% higher at 7428 points as a surge in tech and financial stocks led gains on the key index. Financials were boosted by NIB surging 5.78% on the back of strong quarterly earrings results.

Australian retail sales data for the quarter experienced the biggest tumble on record, dropping 4.4% for the September quarter as east coast lockdowns had a drastic impact on Aussie retail sales.

The tech sector surged in afternoon trade to close the session more than 1% higher, as strong gains for Appen, Megaport and Altium offset a more than 4.3% loss for Tyro Payments.

Bitcoin is trading 0.76% lower over the last 24-hours at US$62,597.75 at 4:30pm AEDT.

Australian-based environmental tech company Envirosuite rallied today after announcing a new strategic partnership with Aeroqual, a global leader in air quality monitoring tech. Under the deal, Envirosuite and Aeroqual will join their respective environmental technologies to focus on driving revenue and customer transactions across a number of industries including mining, waste, and industrial sectors in North America.

Making headlines, Australian health care fund NIB jumped 5.78% today after releasing its AGM update and first quarter performance results. For the quarter, NIB reported group premium income growth of 8.5% to $669.5m, total group revenue of $2.6bn, up 2.9%, and ahri policyholder growth of 0.6% to 3,829.

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