Business
ASX 200 gets its mojo back
The S&P/ASX 200 Index (ASX: XJO) has just had one of its best weeks in a month after ending the week 1.7% higher. In a pattern investors must be becoming rather familiar with, it was once again ASX blue-chip shares that drove most of the broader market’s gains, while ASX tech shares continued to show weakness.
Most ASX blue chips had a decent week. The Commonwealth Bank of Australia (ASX: CBA) share price was up 1.25% to $86. National Australia Bank Ltd (ASX: NAB), BHP Group Ltd (ASX: BHP), Woolworths Group Ltd (ASX: WOW) and Rio Tinto Limited (ASX: RIO) also rose. Telstra Corporation Ltd (ASX: TLS) had an exceptional week, rising 6.23% to a new 7-month high of $3.41 by the end of the week.
CSL Limited (ASX: CSL) was also a…
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