Aussie tech stocks track Wall St higher, jump most in over two months

Altium

30/01/2023 02:46

** Australian tech stocks  .AXIJ  climb as much as 3.5% to
mark their biggest intraday percentage gain since Nov 11, 2022 
    ** The local tech index tracks Wall Street higher, which
ended on a strong note on Friday, marking the end of a rocky
week in which economic data and corporate earnings outlook
hinted at softening demand, but also economic resiliency ahead
of the U.S. Federal Reserve monetary policy meeting on Wednesday
  .N 
    ** ASX-listed shares of Block In  SQ2.AX  were the top
gainers in the sub-index, climbing 4.4%, followed by a 4.3% rise
in Wisetech Global  WTC.AX  
    ** Shares of Xero  XRO.AX  an Altium  ALU.AX  are up 3% and
1.9%, respectively    
    ** Index on track for a second consecutive session of gains 
    ** AXIJ sub-index up 4.7% this year, as of last close 
 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))