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Tech stages June comeback after torrid year

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Technology stocks have soared this month to lead the sharemarket after a dismal start to the year that has dragged the sector behind all others as the broader market trades at record levels.

The S&P/ASX 200 information technology index jumped 3.5 per cent on Friday, the best day in a month, pushing its advance since the start of June to 13 per cent, the most out of all 11 sharemarket sectors.

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Richard Henderson is a markets reporter based in our Melbourne newsroom. Connect with Richard on Twitter. Email Richard at richard.henderson@afr.com.au

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    Original URL: https://www.afr.com/markets/equity-markets/tech-stages-june-comeback-after-torrid-year-20210618-p5826c