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Perth in lockdown, ASX flat for the week, retailers smashed Perth has entered a ‘snap’ three-day lockdown following another hotel quarantine outbreak. Despite this, the market finished slightly ahead on Friday, 0.1%, and finished the week flat. The highlights over the week were Megaport (ASX:MP1) and Monadelphous (ASX:MND), which jumped 10.5% and 8.6% respectively. All attention has been on a number…
ASX down 0.7%, reality setting in, Reliance Worldwide (ASX:RWC) jumps on overseas sales The ASX200 (ASX:XJO) awoke from the long weekend falling 0.7% on the back of weakness in the materials and energy sectors. The iron ore price remains one of the key drivers of daily market performance with its 3% fall overnight sending Fortescue Metals (ASX:FMG) down 6.4% and BHP Group 3.4%…