Not Bovvered Since the close on the ASX yesterday, Sydney’s lockdown has been extended by a month. It comes as little surprise, given yesterday’s case-count marked a new record. It doesn’t seem to bother the stock market. The ASX200 did nothing but rally yesterday after the 11am announcement to be up 50 points at lunchtime, despite looking on Monday like it might play the week’s events cautiously. Did the market rally because there was no lockdown extension announced at 11am despite record cases? Hard to believe, given the market has done nothing but rise over the whole lockdown period to date. Victoria and SA are now both out, so there’s a counter as well.