Australian tech stocks jump most in two months after Nasdaq closes at record high

SiteMinder

15/07/2025 01:34

** Australian technology stocks .AXIJ rise as much as 2.5% to 2894.2, their biggest intraday pct gain since May 13

** Sub-index moving in tandem with overnight Wall Street gains, tech-heavy Nasdaq Composite .IXIC gained 0.3% to end at a record high .N

** ASX-listed shares of tech platform provider Life360 360.AX LIF.O soar as much as 15.8% to A$37.77, a record high

** Life360 among the biggest benchmark pct gainers

** Siteminder SDR.AX gains 2.6%, accounting software maker Xero XRO.AX up 1.7%

** YTD, AXIJ up 4.1%

 (Reporting by Nichiket  Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))