Australian tech stocks hit record high, tracking Wall Street peers

Taiton Resources

19/11/2024 01:11

** Australian tech stocks  .AXIJ  gains as much as 2.7% to
record high of 2928.30 points
    ** Stocks track Wall Street peers' overnight gains as
investors anticipate jump in Nvidia  NVDA.O 's earnings, and
Tesla  TSLA.O  gained on prospect of favourable policy changes
from the incoming Trump administration  .N  
    ** Enterprise software provider TechnologyOne  TNE.AX  adds
as much as 10.5% to hit all-time high
    ** ASX-listed shares of Block Inc  SQ2.AX  rises as much as
7.1%, hitting their highest since May 6, 2022
    ** TNE & SQ2 among top gainers on benchmark ASX 200 index
 .AXJO , which is up as much as 0.8%
    ** Sub-index up 55% so far this year, as of last close

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))