Business
Why did ASX 200 tech shares tank 12% while utilities stocks rose strongly last week?
Image source: Getty Images
ASX 200 tech shares had a shocker last week, falling 12.28%, while utilities stocks led the market sectors with a 4.31% gain.
The S&P/ASX 200 Index (ASX: XJO) fell 1.49% in a turbulent final week of earnings season.
The benchmark index closed the week at 8,172.4…
Continue Reading
-
Noosa News22 hours agoFinley Bone, 21, identified as young woman killed in freak lightning strike at Cooroy, Sunshine Coast
-
Noosa News19 hours agoLarge hailstones hammer parts of south-east Queensland as severe storms loom
-
Noosa News21 hours agoQueensland teachers reject state government pay offer
-
Business21 hours ago3 famous investing strategies from Buffett, Bogle, and Dalio