BUZZ-WiseTech Global set to clock second straight week of gains on AI push, HY earnings

Reuters

02/27

** Shares of Australia's WiseTech Global WTC.AX rises 1.7% this week

** Stock on track to record a second consecutive week of gains if trend holds

** Australian software company said on Wednesday it plans to integrate AI into its customer software and internal ops, affecting around 29% of its global workforce of around 7,000 people across 40 countries

** Co also posted HY underlying profit of $114.5 million, 6% ahead of market consensus

** On the day, WTC down 2.4% to A$47.82

** Session's losses brings WTC down 29.9% YTD

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))

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