Australia's tech stocks track Wall Street higher

Altium

02/02/2023 24:46

** Australian tech stocks  .AXIJ  rise as much 3%, hitting
their highest since December 2022
    ** Local tech stocks tracked their Wall Street peers HIGHER
overnight after a bunch of corporate earnings pumped up investor
sentiment  .N 
    ** ASX-listed shares of Block Inc  SQ2.AX  and Xero  XRO.AX 
gain 4.5% and 6.7%, respectively.
    ** Wisetech Global  WTC.AX  jumps as much as 6% with Altium
 ALU.AX  up as much as 3.3%
    ** Megaport  MP1.AX  emerges as top gainer on AXIJ
sub-index, rising as much as 7.7%
    ** AXIJ fell 34.3% in 2022
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))