Australian tech stocks log best day in a month tracking Wall Street peers

Goodman

15/05/2026 02:43

** Australian tech stocks .AXIJ gain as much as 4.2%, their biggest gain since April 16

** AXIJ falls 2.1% so far this week, set for the worst week since the week ended March 27

** Sub-index tracks U.S. stocks, supported by a tech rally as investors focus on developments from Beijing .N

** IT firm Xero XRO.AX rises 8.3%, while WiseTech Global WTC.AX and Goodman Group GMG.AX inch up 1.7% and 0.7%, respectively

** Sub-index down 19.2% YTD

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))