Aussie tech stocks track Nvidia higher on quarterly estimate beat

ReutersMay 29, 2025 12:58 AM

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Australian technology stocks rise as much 0.8% to hit their highest levels since February 20

The sub-index logs its fifth consecutive session of gains

Local stocks track gains of Nvidia NVDA.O, the world's most valuable semiconductor firm, after co beat sales expectations for the first quarter

Logistics software firm WiseTech Global WTC.AX gains 0.4% while enterprise software maker TechnologyOne TNE.AX rises 0.5%

AXIJ up 5.6% YTD including the day's moves, outperforming a 3.2% rise on the broader benchmark index .AXJO

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