ASX drops 0.6% as Melbourne heads into yet another lockdown

Australia’s S&P/ASX 200 share fell 0.6% to 6806.70 points as Melbourne is set to enter yet another lockdown from 11:59 pm tonight.

The miners along with the major banks were the most affected from today’s news with BHP down 1.67% and Westpac (WBC) down 0.67%.

CSL ended the day flat as it continues to take the charge in rolling out Australia’s coronavirus vaccine. 

Gainers and Losers

The biggest gainers on Friday were:

  • Cromwell Property +2.5%
  • GWA Group +2.2%
  • Charter Hall Long WALE +1.7%
  • Goodman Group +1.5%
  • Seek Ltd +1.5%

The biggest declines were:

  • Westgold Resources -7.4%
  • Eagers Automotive -6.4%
  • Perseus Mining -5.2%
  • Qantas -4.8%
  • Webjet -3.9%

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This article does not take into account the investment objectives, financial situation or needs of a particular person or entity. Before acting on any investment strategy or advice you should first consult with your current ASIC accredited investment professional or seek out a compliant investment professional for such.