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Australian Tech stocks rise as tech optimism returns to WallStreet

ReutersNov 27, 2025 3:01 AM

Australian technology stocks .AXIJ rise 2.7%, on track for strongest session since August 29 if gains hold

Sub-index tracks wallstreet counterpart Nasdaq's .IXIC rally overnight driven by upbeat results from AI server maker Dell Technologies DELL.N reviving tech strength

Sector constituents WiseTech Global WTC.AX gains 6.2%, Catapult Sports CAT.AX adds 4.2%, while Life360 360.AX rises 3.3%

AXIJ down 13.6% YTD

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