Connect with us

Business

Why did ASX 200 tech shares tank 12% while utilities stocks rose strongly last week?

Published

on

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



Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending