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ASX cuts 7-day winning streak as tech, banks weigh

Alex Gluyas

The Australian sharemarket snapped a seven-day, winning streak on Thursday, as losses posted by the technology and energy sectors offset a strong session by the local miners.

The S&P/ASX 200 fell 14.9 points, or 0.2 per cent, to 7499.6, but remains just 1.8 per cent below the all-time high of 7632.8 it reached in August. The broader All Ordinaries tumbled 0.1 per cent to 7789.6.

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Alex Gluyas is deputy markets editor based in the Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/asx-cuts-7-day-winning-streak-as-tech-banks-weigh-20220330-p5a9gj