Broad selling across all S&P/ASX 200 Index (ASX: XJO) sectors pushed the market down 1.96% on Wednesday.
After closing at an all-time record high of 7,172 points on 10 May, the ASX 200 has since shed 3.4% and is back below the 7,000-mark at 6,927.30 points.
As volatility continues to move the market in a whipsaw like action, here are some of the ASX 200 shares that were able to withstand today's sharp selloff.
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Which ASX 200 shares are green in the sea of red?
Appen Ltd (ASX: APX)
The Appen share price popped 18.86% higher following a trading and restructuring update.
Nuix Ltd (ASX: NXL)
Nuix has come under increasing media scrutiny over its governance and business activities. This dragged its share price down to record lows of $3.13 on Monday.
The company's recent attempt to come clean has helped its shares bounce off these lows. The Nuix share price closed 4.86% higher today at $3.67. Today's strength could be a case of continuing market optimism, especially following the share's 55% year-to-date slump.
Morgan Stanley also provided a note today, retaining an overweight rating and a $7.50 target price for the company.
ASX 200 tech shares positive-ish
Excluding the announcement-driven moves by Appen and Nuix, ASX 200 tech shares held up comparatively well despite the weakness across the broader market.
ASX 200 shares including Afterpay Ltd (ASX: APT), Xero Limited (ASX: XRO) and WiseTech Global Ltd (ASX: WTC) were all swinging between positive and negative territory on Wednesday. The three ASX tech heavyweights finished the day trading between -0.51% and +0.94%, compared to the almost 2% fall for the ASX 200.
Despite the tech-heavy Nasdaq Composite (NASDAQ: .IXIC) falling 0.56% overnight, US-listed buy now, pay later provider Affirm Holdings Inc (NASDAQ: AFRM) finished the session 2% higher. This may have played a part in keeping the Afterpay share price afloat on Wednesday.
ASX 200 retailers holding up
A few ASX 200 shares in the retail sector also managed to hold up comparatively well. The likes of Harvey Norman Holdings Ltd (ASX: HVN), Bapcor Ltd (ASX: BAP) and Accent Group Ltd (ASX: AX1) all closed between -0.38% and +0.39%.
Many ASX 200 retailers faced heavy selling in late April/early May after previously surging into record territory. With the likes of Harvey Norman, Bapcor and Accent all down 10% to 15% from their March/April highs, some investors may be thinking they have reached oversold territories so have been offering up some buying support today.
