Australian technology shares rise tracking chip-driven Nasdaq rally
BUZZ-Australian technology shares rise tracking chip-driven Nasdaq rally ** Australian technology .AXIJ rise 1.1%, on track for best day since July 7
** Sub-index tracks Wall-street peer Nasdaq .IXIC which closed higher overnight helped by rebound in chip shares
** AXIJ constituents like Megaport MP1.AX, NEXTDC NXT.AX, Codan CDA.AX rise between 3.3% and 1.7%
** On YTD basis, sub-index down 17.5% vs benchmark's .AXJO 1.7% gain
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
Recent news on NEXTDC
See all newsData centres fail as AI pick-and-shovel trade
Data centres fail as AI pick-and-shovel trade
Global Markets: Stocks rise with upbeat earnings; France's 10-year bond yield hits 5% mark
Global Markets: Earnings cheer supports stocks, France's 10-year bond yield hits 5% mark
Global Markets: Stocks eke out modest gains thanks to earnings cheer