Business
ASX 200 drops again, Zip sinks, Worley wins on Friday 5 March 2021
The S&P/ASX 200 Index (ASX: XJO) dropped by 0.7% today to 6,710 points.
Investors continue to sell off various businesses on the share market. Volatility is rising again.
Here are some of the highlights today:
ASX tech shares sold off again
The share prices of many ASX tech shares dropped again today in reaction to concerns about rising bond yields.
Looking at some of the biggest names, the Afterpay Ltd (ASX: APT) share price dropped 2.5%, the Xero Limited (ASX: XRO) share price fell 2.4% and the Zip Co Ltd (ASX: Z1P) share price declined by 5.25%.
Costa Group Holdings Ltd (ASX: CGC)
Food business Costa announced that it has signed conditional agreements to buy the farming operations of KW Orchards citrus farm and the packing…
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