BUZZ-Australian technology stocks hit 2-week high, in line with Wall Street surge

Reuters
03 Dec 2024
BUZZ-Australian technology stocks hit 2-week high, in line with Wall Street surge

** The Australian technology sub-index .AXIJ rose as much as 1.5% to 2,934.90 points to hit its highest level since Nov. 19

** Sub-index tracks overnight gains in Wall Street, as Nasdaq and S&P 500 scored record closing highs, boosted by tech-related shares .N

** Stock posts its biggest intraday pct gain since Nov. 19

** Shares of software developer Xero XRO.AX rise about 0.6%

** AXIJ up 58.9% YTD, as of 1127 GMT

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10