ASX 200 tech shares led the 11 market sectors last week with a 3.16% gain over the five trading days.
Meanwhile, the S&P/ASX 200 Index (ASX: XJO) lost 0.16% to close at 8,436.2 points on Friday.
Nine of the 11 market sectors finished the week in the green.
Let's review.
ASX technology shares led the market last week
Let's take a look at how the major ASX 200 technology players performed last week.
One of the biggest risers was Gentrack Group Ltd (ASX: GTK) shares. The Gentrack share price rocketed 35.8% higher over the week to close at $13.01 on Friday. It hit a new all-time high of $13.13 on Friday.
The share price surge was largely due to the software provider's full-year results, which were released on Tuesday. Gentrack reported a 25.5% lift in revenue to NZ$213.2 million.
Another big riser last week was Life360 Inc (ASX: 360) shares, up 19.4% to $25.30 by Friday's close.
There was no particular reason for this substantial uplift, with the company having no price-sensitive news for us last week.
However, Life 360 shares have been on an upward trajectory for a while now. In fact, they are one of 11 ASX stocks outpacing the price growth of Nvidia Corp (NASDAQ: NVDA) over the past 12 months.
Another outperformer this week was Nuix Ltd (ASX: NXL) shares, up 11.2% on no news to $6.70 on Friday.
Megaport Ltd (ASX: MP1) shares had a cracking week, gaining 6.77% in new value. The Megaport share price closed the week at $7.89.
The largest company in the ASX 200 tech sector, WiseTech Global Ltd (ASX: WTC), gained 5.4%. The logistics company is continuing its recovery from a recent slump. Wisetech shares closed at $128.10.
Nextdc Ltd (ASX: NXT) shares rose 2.71% to $16.27.
Dicker Data Ltd (ASX: DDR) shares lifted 1.19% to $8.51.
Macquarie Technology Group Ltd (ASX: MAQ) gained 0.39% amid the company holding its annual general meeting last week. The Macquarie Technology share price finished the week at $87.97.
There were also some share price falls among the tech sector's largest companies last week.
The Xero Ltd (ASX: XRO) share price finished the week 0.12% lower at $173.85 per share.
TechnologyOne Ltd (ASX: TNE) shares fell 1.08% to finish at $30.21.
Codan Ltd (ASX: CDA) shares dipped 1.14% to $15.65. While Codan had no price-sensitive news for the market last week, the electronics solutions provider did release a new investor presentation.
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) | 3.16% |
| Healthcare (ASX: XHJ) | 3.13% |
| A-REIT (ASX: XPJ) | 2.19% |
| Consumer Discretionary (ASX: XDJ) | 1.91% |
| Consumer Staples (ASX: XSJ) | 1.54% |
| Communication (ASX: XTJ) | 1.17% |
| Materials (ASX: XMJ) | 0.62% |
| Industrials (ASX: XNJ) | 0.1% |
| Utilities (ASX: XUJ) | 0.03% |
| Financials (ASX: XFJ) | (0.79%) |
| Energy (ASX: XEJ) | (3.14%) |
