BUZZ-Australian tech stocks track Wall Street gains to jump most in two weeks
Reuters
Oct 03
BUZZ-Australian tech stocks track Wall Street gains to jump most in two weeks
** Australian technology stocks .AXIJ rise as much as 1.4%, while the broader benchmark .AXJO trades 0.5% higher
** Sub-index logs their largest intraday pct gain since September 19, on track for third consecutive session of gains
** AXIJ set for weekly rise of 0.3%
** Sector constituents Xero XRO.AX and TechnologyOne TNE.AX rise 1.3% and 1.7%, respectively
** Nasdaq Composite .IXIC marked a record closing high overnight on the back of gains in heavyweight technology stocks including AI chip leader NvidiaNVDA.O.N
** YTD, AXIJ up 8.4% vs 10.1% gain on AXJO
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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