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.
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%) |
