Technology led the ASX 200 market sectors this week, gaining 2.76% over the five trading days.
The S&P/ASX 200 Index (ASX: XJO) gained 0.2% over the week to finish at 7,498.3 points on Friday.
Seven market sectors finished the week in the green.
Let's check out what happened.
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Tech shares led the ASX sectors this week
Among the top five players (by market cap) in the tech sector, Altium Limited (ASX: ALU) lead the pack.
Despite no news being released this week, the Altium share price rose by 6.28% over the five days to finish at $46.35 on Friday.
The largest ASX 200 tech share, Wisetech Global Ltd (ASX: WTC), rose by 2.31% to $72.64 this week. My Fool colleague Tristan ponders whether Wisetech shares are 'horribly overvalued' in an article here.
The Xero Limited (ASX: XRO) share price rose by 3.28% to $109.28. Xero shares were among the top performers of the market sectors in 2023, delivering an impressive 60% gain over the 12 months.
Also this week, the Nextdc Ltd (ASX: NXT) share price lifted 4.29% to $13.86, and TechnologyOne Ltd (ASX: TNE) shares rose by 4.08% to $15.30.
ASX 200 market sector snapshot
Here's how the 11 market sectors stacked up this week, according to CommSec data.
Over the past five days:
| S&P/ASX 200 market sector | Change this week |
| Information Technology (ASX: XIJ) | 2.76% |
| Consumer Discretionary (ASX: XDJ) | 1.92% |
| A-REIT (ASX: XPJ) | 1.89% |
| Communication (ASX: XTJ) | 1.38% |
| Healthcare (ASX: XHJ) | 0.97% |
| Financials (ASX: XFJ) | 0.74% |
| Energy (ASX: XEJ) | 0.2% |
| Industrials (ASX: XNJ) | (0.1%) |
| Consumer Staples (ASX: XSJ) | (1.27%) |
| Materials (ASX: XMJ) | (1.83%) |
| Utilities (ASX: XUJ) | (2.83%) |
