ASX Market Declines as Technology and Mining Stocks Weigh on Performance

Collitcomedia28 Feb, 2025Business

The downturn followed a global trend of market losses, driven by economic uncertainty and policy risks. Falling stocks outnumbered advancing ones by 818 to 334, while 397 stocks ended unchanged. The S&P/ASX 200 VIX, which measures market volatility, rose 2.85% to 11.85, signaling increased caution among investors.