Australian tech stocks hit more than 1-week high after Wall Street's gains

Life360

22/01/2025 03:49

** Australia's technology stocks  .AXIJ  rise about 2%, set
for a fifth straight session of gains
    ** Sub-index hits its highest level since Jan. 13
    ** Wall Street gained overnight, buoyed by optimism over
U.S. President Donald Trump's approach to tariffs  .N 
    ** Data centre firm NEXTDC  NXT.AX  and software solutions
provider WiseTech Global  WTC.AX  top gains, rising 2.3% and
1.7%, respectively
    ** ASX-listed shares of family safety app provider Life360
 360.AX  climb as much as 4.8%, set for a fifth straight session
of gains
    ** AXIJ gained ~50% last year, outperforming AXJO's gain of
7.5%

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))