Life expectancy of Australians rise to record high

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Canberra, Jan 17 | Life expectancy of Australians has increased to a record high during the Covid-19 pandemic, a new study published on Monday revealed.

In the study, researchers from the Australian National University (ANU) found that life expectancy for both Australian males and females increased by 0.7 years between 2019 and the first year of the coronavirus pandemic in 2020, reports Xinhua news agency.

The increase far outstripped the average growth of between 0.09 and 0.14 years recorded in Australia between 2015 and 2019, according to the Canberra Times.

By comparison, life expectancy in the US fell by 1.7 years for women and 2.2 years for men in 2020.

Vladimir Canudas-Romo, co-author of the study from ANU’s School of Demography, said the significant difference could be attributed to Australia’s quick response to the pandemic.

“Australia was in a unique position to be able to close borders to the rest of the world. Now with the strong compliance on vaccinations, we are likely to be one of the safest places in the world,” he was quoted as saying by the Canberra Times.

The ANU researchers found that Covid-19 containment measures introduced in 2020 caused a “sharp decline in the spread of other infectious diseases”, with deaths from pneumonia and influenza falling 20 per cent.

A sharp decline in social mobility due to lockdowns and travel restrictions also caused a significant decline in the number of road deaths.

“Coronavirus was among the few causes of death that really increased from 2019 to 2020 in the case of the US there was an extreme case of Covid strongly declining life expectancy,” Canudas-Romo said.

“In Australia even when mortality increased due to Covid, we still had so much decline in infectious diseases, accidents, heart attacks and strokes, that our life expectancy increased by three-quarters of a year,” he said.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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