Business
The most crazy ASX chart of 2020
If there is one chart that shows just how crazy it was to be an investor in 2020 it is the one below; the S&P/ASX All Technology Index (INDEXASX: XTX):
To truly appreciate how magnificent this chart is let’s keep in mind that the All Technology Index was only launched on 24 February this year.
The data can be back-dated further, which you can have a look at on the S&P Global website here, but it only officially started to track ASX technology-oriented companies in earnest this year.
Source: Google search. Google and the Google logo are registered trademarks of Google LLC, used with permission.
The index is designed to be a comprehensive measure of technology-oriented companies listed on the ASX, but its top five constituents…
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