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APT - Afterpay News Story

A$37.03 0.1  0.2%

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Sector
Industrials
Size
Large Cap
Market Cap £4.75bn
Enterprise Value £4.66bn
Revenue £135.0m
Position in Universe 63rd / 1834

BUZZ-Aussie tech stocks hit record high on Sino-U.S. trade deal

Wed 15th January, 2020 11:58pm
** The Australian technology index  .AXIJ  rises as much as
1.4% to hit a record high, on track for a sixth straight session
of gains
    ** The trade-sensitive stocks track broader optimism in
global equity markets after the United States and China signed
an initial trade deal, diffusing a prolonged trade war between
the two nations  urn:newsml:reuters.com:*:nL1N29K1U8
    ** Shares of accounting software maker Xero  XRO.AX , the
biggest company in the index by market value, hit a record peak
and are set to log a third straight session of gains
    ** Computershare  CPU.AX , the second-biggest co in the
index, touches a near eight-month high; on track to post a third
consecutive session of gains
    ** Buy-now-pay-later firm Afterpay  APT.AX  gains as much as
1.8%
    ** Smaller peers WiseTech Global  WTC.AX  and Appen  APX.AX 
 jump 1.8% and 2.4%, respectively
    ** The Aussie tech index gained 12% since the beginning of
the year

 (Reporting by Arundhati Dutta)
 ((Arundhati.dutta@thomsonreuters.com))
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