{"id":97484,"date":"2026-02-21T19:37:36","date_gmt":"2026-02-21T22:37:36","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/894434863"},"modified":"2026-02-21T19:37:36","modified_gmt":"2026-02-21T22:37:36","slug":"asx-200-tech-shares-lead-market-sectors-with-a-7-bounce-back","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/21\/asx-200-tech-shares-lead-market-sectors-with-a-7-bounce-back\/","title":{"rendered":"ASX 200 tech shares lead market sectors with a 7% bounce back"},"content":{"rendered":"

ASX 200 tech shares<\/a> enjoyed a moment in the sun last week, outperforming the other market sectors<\/a> with a 6.55% uplift. <\/p>\n

Meanwhile, the S&P\/ASX 200 Index <\/strong>(ASX: XJO) rose 1.84% to finish at 9,081.4 points on Friday. <\/p>\n

As earnings season<\/a> continued, strong results and higher oil prices pushed the ASX 200 to a new record of 9,118.3 points<\/a> on Thursday.<\/p>\n

That beat the previous record of 9,115.2 points set on 21 October. <\/p>\n

Eight of the 11 market sectors finished the week in the green.<\/p>\n

Let’s recap.<\/p>\n

\"Two
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Image source: Getty Images<\/p>\n<\/figcaption><\/figure>\n

ASX tech shares led the market last week<\/h2>\n

Last week was a welcome bright spot for ASX 200 tech shares, which are in the midst of a prolonged rout. <\/p>\n

And boy, is it ugly. <\/p>\n

The S&P\/ASX 200 Information Technology Index<\/strong> (ASX: XIJ) has fallen by more than 40% over the past six months<\/a>.<\/p>\n

We took a deep dive into the issues plaguing the sector last week<\/a>. <\/p>\n

In a nutshell, there’s fear in the market over artificial intelligence (AI)<\/a>.<\/p>\n

Investors are worried about high tech stock valuations, extraordinary AI capex, and whether AI could white-ant SaaS companies. <\/p>\n

Perhaps a rebound is now underway, given last week’s 6.55% increase for the tech sector. <\/p>\n

Let’s take a look at what happened in the sector last week. <\/p>\n

WiseTech Global Ltd<\/strong> (ASX: WTC<\/a>) shares lifted 10.51% to finish at $47.10 ahead of the company’s earnings release on Wednesday.<\/p>\n

The Xero Ltd <\/strong>(ASX: XRO<\/a>) share price rose 5.51% to $77.54.<\/p>\n

NextDC Limited <\/strong>(ASX: NXT<\/a>) shares slipped 0.71% to $13.92. <\/p>\n

TechnologyOne Ltd <\/strong>(ASX: TNE<\/a>) shares soared 22.71% to $24.74, with investors reassured by upgraded FY26 guidance<\/a> at last week’s AGM<\/a>. <\/p>\n

Shares in electronics solutions provider Codan Ltd<\/strong> (ASX: CDA<\/a>) lifted 1.37% to $34.69. <\/p>\n

Life360 Inc <\/strong>(ASX: 360<\/a>) shares increased 8.27% to $23.84. <\/p>\n

The Megaport Ltd<\/strong> (ASX: MP1<\/a>) share price tumbled 9.98% after the company reported an underlying net loss of $3.3 million for 1H FY26<\/a>. <\/p>\n

The Dicker Data Ltd<\/strong> (ASX: DDR<\/a>) share price rose 7.32% to $10.41 ahead of its earning report on Thursday. <\/p>\n

Macquarie Technology Group Ltd<\/strong> (ASX: MAQ<\/a>) shares rose 5.4% to $67.19. <\/p>\n

The Data#3 Ltd<\/strong> (ASX: DTL<\/a>) share price lifted 4.24% to $9.10 ahead of the IT solutions provider’s earnings release on Monday. <\/p>\n

Objective Corporation Ltd<\/strong> (ASX: OCL<\/a>) shares increased 6.4% to $14.<\/p>\n

The Iress Ltd<\/strong> (ASX: IRE<\/a>) share price edged 0.43% higher to $7.05 ahead of the financial technology company’s report on Wednesday. <\/p>\n

The Catapult Sports Ltd<\/strong> (ASX: CAT<\/a>) share price rose 5.72% to $3.51. <\/p>\n

Hansen Technologies Ltd<\/strong> (ASX: HSN<\/a>) soared 16.29% to $5.14 after the company reported a 389.1% lift in net profit<\/a> for 1H FY26.<\/p>\n

Hansen is one of a large group<\/a> of ASX 200 shares going ex-dividend<\/a> next week. The tech stock will pay a dividend<\/a> of 5 cents per share.<\/p>\n

Shares in hotel bookings management platform provider, Siteminder Ltd <\/strong>(ASX: SDR<\/a>) rose 4.62% to $3.62. <\/p>\n

The Weebit Nano Ltd<\/strong> (ASX: WBT<\/a>) share price fell 0.2% to $4.90. <\/p>\n

Shares in wealth management software company Bravura Solutions Ltd<\/strong> (ASX: BVS<\/a>) fell 7.45% to $1.93. <\/p>\n

ASX 200 market sector snapshot<\/h2>\n

Here’s how the 11 market sectors stacked up last week, according to CommSec data.<\/p>\n

Over the five trading days:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
S&P\/ASX 200<\/strong> market sector<\/strong><\/td>\nChange last week<\/strong><\/td>\n<\/tr>\n
Information Technology <\/strong>(ASX: XIJ)<\/td>\n6.55%<\/td>\n<\/tr>\n
Energy <\/strong>(ASX: XEJ)<\/td>\n4.88%<\/td>\n<\/tr>\n
Communication<\/strong> (ASX: XTJ)<\/td>\n3.26%<\/td>\n<\/tr>\n
Industrials <\/strong>(ASX: XNJ)<\/td>\n3.12%<\/td>\n<\/tr>\n
Healthcare <\/strong>(ASX: XHJ)<\/td>\n3.07%<\/td>\n<\/tr>\n
Financials <\/strong>(ASX: XFJ)<\/td>\n2.76%<\/td>\n<\/tr>\n
Utilities<\/strong> (ASX: XUJ)<\/td>\n1.04%<\/td>\n<\/tr>\n
Materials <\/strong>(ASX: XMJ)<\/td>\n0.67%<\/td>\n<\/tr>\n
A-REIT<\/strong> (ASX: XPJ)<\/td>\n(0.23%)<\/td>\n<\/tr>\n
Consumer Staples<\/strong> (ASX: XSJ)<\/td>\n(1%)<\/td>\n<\/tr>\n
Consumer Discretionary<\/strong> (ASX: XDJ)<\/td>\n(1.15%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… Learn More ASX 200 tech<\/span> shares have fallen 40% over … source: Getty Images ASX tech<\/span> shares led the market last … Investors are worried about high tech<\/span> stock valuations, extraordinary AI … earning report on Thursday. Macquarie Technology<\/span> Group Ltd (ASX: MAQ) …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-97484","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/97484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=97484"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/97484\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=97484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=97484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=97484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}