SYDNEY, AAP – Investors have rushed for online retail stocks tipped to profit from coronavirus lockdowns and tightened restrictions across Australia.
Luxury goods trader Cettire jumped 14.04 per cent to $2.68 and furniture provider Temple & Webster sprung 10.24 per cent to $11.52.
Investors also liked Woolworths shares, which gained 2.91 per cent to $37.85.
Consumer staples shares were the best performers on the ASX.
The benchmark S&P/ASX200 index closed lower by 0.7 points, or 0.01 per cent, to 7307.3 on Monday.
The All Ordinaries closed down by 6.1 points, or 0.08 per cent, to 7572.5.
A two-week lockdown was ordered for Sydney and surrounds on Saturday, while lockdown for Darwin and nearby regions was extended to five days.
The Australian dollar was buying 75.90 US cents at 1627 AEST, lower from 75.92 US cents at Friday’s close.