Amid major market volatility, ASX 200 tech shares outshone their peers last week, rising 6.64% over five topsy-turvy trading days.
The S&P/ASX 200 Index (ASX: XJO) started the week with a 4.23% dive on Monday as the fallout from US reciprocal tariffs continued.
The ASX 200 recovered by 2.27% on Tuesday, then gave back 1.8% on Wednesday.
On Thursday, we saw a phenomenal rebound, with the ASX 200 rising 4.54% after a 90-day reprieve was given to every nation bar China.
Over the next three months, US trading partners will be subject to the baseline 10% tariff rather than the much higher individualised tariffs.
The market softened again on Friday, declining 0.82%.
The wash-up after all those fluctuations?
A minor 0.28% fall over the week, with the ASX 200 closing at 7,646.5 points on Friday.
Yep, after all that upheaval, the ASX 200 pretty much returned to where it began the week.
Some investors loved the volatility last week, with plenty taking the opportunity to buy the dip.
You can check out the 10 most popular ASX shares targeted by Aussie investors who bought into the market sell-off here.
Six of the 11 market sectors finished the week in the green.
Let's recap.
Image source: Getty Images
ASX tech shares led the market last week
Several of the largest ASX 200 tech shares by market capitalisation ended the week in the green after many ups and downs.
The share price of the sector's biggest stock, WiseTech Global Ltd (ASX: WTC), rose by 12.45% to end the week at $84.15 per share.
WiseTech also dished out a reward to its investors on Friday.
The Xero Ltd (ASX: XRO) share price lifted 6.53% to $155.04.
TechnologyOne Ltd (ASX: TNE) shares rose by 9.35% to close Friday's session at $27.72.
Nextdc Ltd (ASX: NXT) shares lifted 1.13% to $10.77.
Life360 Inc (ASX: 360) shares gained 3.5% over the week to close at $26.21.
Shares in electronics solutions provider Codan Ltd (ASX: CDA) lost 1.43% to close at $14.43.
The Megaport Ltd (ASX: MP1) share price rose 8.51% to $9.95.
ASX 200 market sector snapshot
Here's how the 11 market sectors stacked up last week, according to CommSec data.
Over the five trading days:
| S&P/ASX 200 market sector | Change last week |
| Information Technology (ASX: XIJ) | 6.64% |
| Communication (ASX: XTJ) | 3.1% |
| Consumer Discretionary (ASX: XDJ) | 2.45% |
| Industrials (ASX: XNJ) | 0.72% |
| Consumer Staples (ASX: XSJ) | 0.61% |
| Utilities (ASX: XUJ) | 0.27% |
| Materials (ASX: XMJ) | (0.30%) |
| Financials (ASX: XFJ) | (0.54%) |
| A-REIT (ASX: XPJ) | (0.72%) |
| Energy (ASX: XEJ) | (4.04%) |
| Healthcare (ASX: XHJ) | (4.27%) |
