Aussie tech stocks track Wall Street higher to scale 4-week peak

EML Payments

06/07/2022 03:42

** The Australian tech index climbs as much as 4.5% to its
highest level since June 8
    ** The domestic tech index tracks overnight gains on Wall
Street as investors kept their focus on the growth trajectory of
the U.S. economy  .N 
    ** Megaport  MP1.AX  soars 13.1% to lead gains in the tech
index while ASX-listed shares of Block Inc  SQ2.AX  advances
4.7%
    ** AXIJ marks best intraday session since June 24 and is on
track for a fourth consecutive session of gains 
    ** EML Payments  EML.AX  and Xero  XRO.AX  rose 11.3% and
6.5%, respectively 
    ** The index is down 35.2% this year, as of last close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))