Aussie data centre stocks up; Jefferies sees Amazon cloud boost tailwind

Goodman

05/06/2025 02:15

** Aussie data centre-focused stocks rise after Jefferies highlights tailwind in Australia and New Zealand from Amazon's AMZN.O investment in cloud infrastructure

** Data centre operators NEXTDC NXT.AX and Infratil IFT.NZ gain as much as 2.3% and 1.3%, respectively

** Goodman Group GMG.AX, Australia's biggest-listed property developer with a significant exposure to data centres, adds as much as 1.3% to its highest since late February

** Tech sub-index .AXIJ climbs as much as 0.9% to its highest since December 9, 2024

** YTD, AXIJ gains 6.8%, outperforming ASX200 index's .AXJO 4.7% gains

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))