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Australian technology stocks track Wall Street gains to hit record peak

ReutersSep 19, 2025 12:54 AM

** Australian technology stocks .AXIJ rise as much as 2.7% to touch a lifetime high, set to close the week 2.4% higher, if gains hold

** The sub-index logs its largest intraday pct gain since August 29

** Tech-heavy Nasdaq Composite .IXIC posted a record-high close overnight after Intel INTC.O soared on Nvidia's NVDA.O $5 billion investment .N

** Sector majors WiseTech Global WTC.AX and Xero XRO.AX gain 1.9% and 3.1%, respectively

** AXIJ up 10.6% YTD, including the session's moves, outperforming a 7.7% gain on the broader benchmark .AXJO

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