BUZZ-Australian tech shares fall, tracking losses in Wall Street software stocks
Reuters
Yesterday
BUZZ-Australian tech shares fall, tracking losses in Wall Street software stocks
** Shares of Australian technology stocks .AXIJ fall 5.8% marking their biggest intraday pct loss since February 4
** Sub-index down tracking weakness in Wall Street software stocks overnight, including losses of around 2% in Microsoft MSFT.O and Alphabet GOOGL.O.N
** Local software stocks Wisetech GlobalWTC.AX and TechnologyOne TNE.AX drop 7.3% and 6.1%, respectively
** Sub-index down 20.1% YTD, after falling 21% in 2025
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))
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