Australian tech stocks track Nasdaq higher

TECHNOLOGY ONE

14/10/2022 02:01

** A sub-index of Australian tech stocks  .AXIJ  jumps as
much as 2.4%, its biggest intraday pct gain since Oct 5
    ** Major indexes on Wall Street, including the tech-heavy
Nasdaq  .IXIC  jumped 2.2% overnight 
    ** Wisetech Global  WTC.AX  up 3.2%, tops gains on AXIJ
    ** NEXTDC Ltd  NXT.AX  and COMPUTERSHARE Ltd  CPU.AX  up
2.6% and 2.3%, respectively
    ** TechnologyOne Ltd  TNE.AX  rises 2.1%, while Link
Administration  LNK.AX  posted its biggest intraday pct gain
since Oct 6
    ** AXIJ down 2.9% this week, set for its biggest weekly
decline since late-Sept
    ** Sub-index down 35.3% this year, as of last close, vs a
10.8% decline in the benchmark index  .AXJO 
 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))