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Australian tech stocks hit over 9-month low, track US peers

ReutersJan 19, 2026 2:11 AM

Australian technology sub-index .AXIJ slips as much as 2.4%, hits lowest level since April 8, 2025

Sub-index tracks drop in Nasdaq NDAQ.O as it fell 0.66% for the week on Friday .N

Tech majors Xero XRO.AX and WiseTech Global WTC.AX drag the Aussie sub-index by as much as 2.7% and 4.6%, respectively

Sub-index down 4.7% in January so far

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