Australian market drops 0.5% on last night of lockdown

Australia’s S&P/ASX 200 share index shed 0.5% to 6885.20 points as Melbourne nears their last night of lockdown.

Despite the down day, the miners still shone with BHP up 3.40% and Rio Tinto (RIO) up 3.59%. Westpac (WBC) also bucked the trend adding a whopping 4.58% after they released their profit figures for their Q1 2021 report, with profit totaling $2 billion.

On the flip side, it was a day to forget for the supermarket giants as Woolworths (WOW) fell 4.62% and Coles (COL) down a considerable 5.39%.

Gainers and Losers

The biggest gainers on Wednesday were:

  • EML +16.39%
  • LYC +13.36%
  • DMP +7.57%
  • NEA +6.95%
  • ARB +5.79%

The biggest declines were:

  • Z1P -14.01%
  • EVN -10.04%
  • APX -9.23%
  • NWL -9.10%
  • NST -7.57%