Business
Why are ASX tech shares all over the place today? – Motley Fool Australia
ASX tech shares like Xero Limited (ASX: XRO) and Afterpay Ltd (ASX: APT) are bouncing around like crazy today. Let’s take a look.
The S&P/ASX 200 Index(ASX: XJO) is cooling off today. After 5 straight days of shares in the green, the ASX 200 is down 0.7% to 6,405 points at the time of writing.
However, one sector, in particular, is bucking this broad-market trend, if a little inconsistently. ASX tech shares spiked in early morning trade this morning. Note the S&P/ASX All Technology Index (ASX: XTX). It’s up 0.81% at the time of writing, outperforming the ASX 200 handily. But soon after market open this morning, it was as high…
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