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CPU - Computershare News Story

A$17.9 1.0  5.7%

Last Trade - 24/09/21

Sector
Technology
Size
Large Cap
Market Cap £5.75bn
Enterprise Value £6.52bn
Revenue £1.66bn
Position in Universe 56th / 1955

BUZZ-Australia's IT stocks surge to record high tracking U.S. peers

Fri 17th May, 2019 3:58am
** Aussie information technology stocks index  .AXIJ  climbs
as much as 2.5% to a record peak
    ** The sector mirrors gains in Wall Street peers  .SPLRCT 
which ended ~1% higher on Thursday
    ** Sentiment also helped by increased likelihood of an
interest rate cut after data on Thursday showed an unwelcome
rise in the jobless rate, a key determiner of Reserve Bank of
Australia's monetary policy 
    ** IT stocks index sees best day in over two-weeks and is on
track for a third session of consecutive gains 
    ** WiseTech Global Ltd  WTC.AX , Altium Ltd  ALU.AX  and
Computershare Ltd  CPU.AX  gain between 1% and 4.7%
    ** Tech stocks up ~30% this year, as of last close, making
it among the top performing sectors in Australia   

 ((Aditya.Soni@thomsonreuters.com; +91 80 6749 1130; Reuters
Messaging: Aditya.Soni.thomsonreuters.com@reuters.net))
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