Aussie data centre stocks up; Jefferies sees Amazon cloud boost tailwind
ReutersJun 5, 2025 1:15 AM
Aussie data centre-focused stocks rise after Jefferies highlights tailwind in Australia and New Zealand from Amazon's AMZN.O investment in cloud infrastructure
Data centre operators NEXTDC NXT.AX and Infratil IFT.NZ gain as much as 2.3% and 1.3%, respectively
Goodman Group GMG.AX, Australia's biggest-listed property developer with a significant exposure to data centres, adds as much as 1.3% to its highest since late February
Tech sub-index .AXIJ climbs as much as 0.9% to its highest since December 9, 2024
YTD, AXIJ gains 6.8%, outperforming ASX200 index's .AXJO 4.7% gains
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