Business
1 ASX share to ride the viral logistics boom – Motley Fool Australia
When the coronavirus struck, Australians shifted to online shopping. But e-commerce ASX shares aren’t the only ones likely to benefit.
When COVID-19 first reared its ugly head in Australia on 25 January, no one could have foreseen the massive impact this would have on our health, lives, and share markets.
The resulting lockdowns and ripples of panic saw ASX share prices across the market tank. The S&P/ASX 200 Index (ASX: XJO) fell 37% in a single month, hitting the bottom on 23 March before a strong rebound rally began.
While most ASX shares suffered sharp falls during the panic selling, not all shares suffered equally. A…
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