ASX opens lower on falls led by tech; GQG dives 10.9pc

The Australian sharemarket opened lower on Friday, dragged down by tech losses as Wall Street's recent rally paused amid worries of an overheated market.
Market jitters mounted ahead of the weekend, fuelled by escalating tariff tensions. Trade disputes between the US and India are heating up, while President Trump hinted at new sanctions on Russia possibly rolling out today. Meanwhile, Treasury Secretary Scott Bessent suggested that tariffs on Chinese goods could be considered over its purchases of Russian oil.
The S&P/ASX 200 fell 0.3 per cent, or 23.40 points to 8808.00 at 10.15am AEST , with eight of the 11 sectors lower led by tech, health care and financials.
In tech, WiseTech Global was down 1.2 per cent, Xero by 1.3 per cent and US-based Life360 at 2.4 per cent. CSL lost 1 per cent after a fall by a similar margin on Thursday. Block meanwhile rose 7.7 per cent as growing spending on Afterpay helped lift Block's profit and growth over its second quarter
Most of the major banks were down led by a 0.7 per cent decline in Westpac, while National Australia Bank lost 0.6 per cent and Commonwealth Bank 0.5 per cent. ANZ meanwhile rose 0.1 per cent. AMP rose 3 per cent after a series of broker updates follow its results.
Global insurer QBE lost 3.6 per cent as it reported net profit of $US1.02 billion ($1.56 billion) for its first half, higher than the $US802 million delivered in the previous first half.

Sumber : AFR