ASX rises despite mid-week sell-off
William McInnesReporter
The Australian sharemarket was able to overcome a mid-week sell-off, with strong advances from the tech, travel and gold sectors offsetting heavy losses from the major iron ore miners.
The S&P/ASX 200 Index rose 16.1 points, or 0.2 per cent, to 7030.0 this week, even after a 1.9 per cent fall on Wednesday, its biggest sell-off since February 26. On Friday, the benchmark index rose 10.7 points, or 0.2 per cent.
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William McInnes covers markets from Sydney including editing the Markets Live blog. Connect with William on Twitter. Email William at w.mcinnes@afr.com.au
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